Europe avoids gas price volatility in Q3 despite supply uncertainty: ACER

Europe avoided “severe” gas price volatility in the third quarter of 2024 despite the re-emergence of supply uncertainties, European regulatory body ACER said Oct. 22. In its latest quarterly market monitoring report, ACER said wholesale gas prices rose in Q3, but remained less volatile than last year due to increased Norwegian supply, healthy storage levels, and low demand. “Continued tepid…Europe avoided “severe” gas price volatility in the third quarter of 2024 despite the re-emergence of supply uncertainties, European regulatory body ACER said Oct. 22. In its latest quarterly market monitoring report, ACER said wholesale gas prices rose in Q3, but remained less volatile than last year due to increased Norwegian supply, healthy storage levels, and low demand. “Continued tepid…Read More