• Episode 1274: Think Tank: Europe chemicals could suffer elevated energy prices despite rising supply

  • Nov 19 2024
  • Length: 37 mins
  • Podcast

Episode 1274: Think Tank: Europe chemicals could suffer elevated energy prices despite rising supply

Listen for free

View show details

  • Summary

  • European chemical producers may have to keep paying high energy prices as geopolitical instability impacts sentiment more than the fundamentals of supply and demand.

    - Europe spot electricity prices up 76% this year, ICIS TTF gas price up 40%

    - Fear drives markets more than fundamentals which remain bearish

    - Demand is reduced compared to five-year average, supply plentiful

    - Above average temperatures forecast into December in Europe

    - Gas storage around 90%, well above 5-year average

    - New sources of US, Qatari liquefied natural gas (LNG) due onstream in 2025

    - Renewable energy will ramp up quickly in Europe

    - Donald Trump may increase LNG supply by unfreezing projects
    Show More Show Less
Show More Show Less

What listeners say about Episode 1274: Think Tank: Europe chemicals could suffer elevated energy prices despite rising supply

Average Customer Ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com.au reviews

Amazon Reviews
No Reviews are Available
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.