European power market outlook 2024

The European power market outlook 2024: Faster but dearer

While the European power market has been significantly impacted by the Russian invasion of Ukraine, policy responses and higher-than-expected volumes of liquefied natural gas (LNG)—replacing Russian pipeline gas volumes—have reduced some of the expected impact.

Read our latest power market outlook to understand the opportunities created by:

The energy transition accelerating: An exploration of the speed drivers including, resilient PPA demand, policy ambition, and reduced barriers to development
Why it’s coming at a higher cost: The impact of interest rates, commodity prices, protectionist policies, and the increased cost of renewables deployment

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