Energy Market Update 14/01/2025

Welcome to our weekly energy market update, where we share the latest trends, shifts, and key developments impacting the energy sector. Whether it’s fluctuations in oil and gas prices, changes in renewable energy policies, or updates on energy infrastructure projects, we’re here to help you stay informed. Join us as we break down the most important factors influencing the market this week, and explore what these changes could mean for your business.

Current Market Drivers:

📉 Moscow’s statement that Ukraine had tried to strike their gas infrastructure has prompted bullish pressure across the curve on concerns over the reliability of Russian gas flows whilst fighting between the two nations continues

🌍 Demand signals from Europe and Asia are supporting contracts from 2026+ on signs that the upcoming wave of new LNG supply could be absorbed by datacentre demand in developed economies and switching from coal-fired to gas-fired generation in developing economies

⚠️ Concerns remain over future imports as Norway’s considers renegotiating interconnector rules with Germany and the UK, whilst France’s government continues to remain unstable.

📈 UK and European LNG supply has improved, demonstrating an ability to price out Asia when gas supply is needed. This reduces supply concerns across the curve

💡 The UK remains an attractive destination for power exporters due to a price premium over many European nations, improving import prospects

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