European Power Confronts Gas Shock: Analyst Reaction
About this episode
The episode discusses Europe's energy resilience amidst rising oil and gas prices due to the Iran war, featuring insights from BNEF's head of European Power.
Oil and gas prices are rising again as the Iran war shakes global energy markets. But so far Europe’s power system is holding up better than in 2022, when Russia invaded Ukraine. More renewables and lower demand have made Europe’s energy system more resilient, even as prices edge higher. Yet gas still matters, and as coal exits the power mix, exposure to future shocks could grow. So how vulnerable is Europe if disruption deepens? On today’s show, Kamala Schelling is joined by Kesavarthiniy Savarimuthu, BNEF’s head of European Power, to discuss her note: “Iran War Hasn’t Sparked a New European Energy Crisis - Yet.” Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com Links to research notes from this episode: Iran War Hasn’t Sparked a New European Energy Crisis - Yet - https://www.bnef.com/insights/38917 See omnystudio.com/listener for privacy information.
People in this episode
Host: Kamala Schelling
Guest: Kesavarthiniy Savarimuthu
Topics covered
- European power
- gas prices
- energy markets
- renewables
- energy resilience
- Iran war
- energy crisis
Keywords
- European power
- gas shock
- energy crisis
- renewables
- Iran war
- BNEF
- energy markets
- energy resilience
Mentioned in this episode
Organizations: BNEF, Bloomberg
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