Baringa's global gas model has been used to create three plausible supply and demand scenarios over the next 24 months. Each of these drive a possible wholesale price outlook.
Key investor takeaways:
-
The supply and demand balance outlook remains highly uncertain creating a range of plausible scenarios on account of variables in pipeline supply and global LNG.
-
Unmet demand risks are high in our downside scenario, including next winter, making supply security a relevant risk for the foreseeable future.
- The most plausible central price outlook sees prices remain above pre-crisis levels out until the end of the forecast period in 2024.
- While prices remain high in all but our low scenario until 2024, prices fall significantly from recent highs. With prices well below 150 Euro MWh in all scenarios by 2024.
Read our full report below and get in touch to find out more.
More from the series
Charting a new course: Hydrogen's impact on global shipping
Download the report from our hydrogen experts which provides key insights into hydrogen's impact on global shipping.
Read more
Global Energy Perspectives: the UK's macroeconomic outlook
Our Global Energy Perspectives Team has conducted an assessment of the UK's macroeconomic outlook, real economy and asset markets.
Read more
Global Energy Perspectives: State of the energy transition - India
In our latest Global Energy Perspective, we look at the state of the energy transition through the lens of the four largest global emitters, focusing on India.
Read more
Global Energy Perspectives: Gas supply security outlook #1
In our Global Energy Perspectives, we look at the outlook for gas supply security and the role of LNG.
Read more