News 08 November 2018

Storengy Attend European Utility Week

On Wednesday 7th Nov at European Utility Week, our Commercial Manager Robin delivered a brilliant overview of gas flexibility in GB.

European utility week

This was among other presentations by experts discussing the increasing interconnectivity of regional gas markets across the globe.

Several interesting points were made by these experts, including how decisions on air quality in China and weather events in Brazil can greatly impact the availability of gas on the European and UK gas markets.

It was also highlighted that Europe is playing a key role in balancing the global supply-demand, thanks to its ample storage capabilities. It will however be exposed to short-term squeezes resulting in gas price volatility.

Robin Cannings