... which significantly reduced hydropower generation. Hydropower Plants: ~98 billion kWh (−12% compared to the first half of 2024). Thermal Power Plants: ~394 billion kWh (+0.5%). Nuclear Power Plants: ~104 billion kWh (−0.3%). As a result, the share ... ... Market: remains relatively stable due to producer coordination but is sensitive to economic risks. European Gas Market: approaches winter with record reserves, reducing concerns over sharp price spikes. Russian Fuel Market: is increasingly tightly regulated ...

... suppliers. Moreover, significant demand growth in Europe is not expected, partly due to the development of low-carbon energy sources: the overall share of nuclear and renewable generation in the EU's electricity supply increased from 51% in 2010 to 71% in 2024 and will continue to grow, regardless of the availability of fossil fuels.” ( Source: Izvestia ) Experts warn that this year, Europe will need to import significantly more LNG than last year, considering the high gas withdrawal last winter and the abandonment of most Russian supplies. The Gas Exporting Countries Forum and analytical agencies note that competition for liquefied gas in the global market may intensify closer to autumn. If filling storage facilities becomes challenging,...

... low-water year, which significantly reduced hydropower generation. Hydropower: ~98 billion kWh (−12% compared to the first half of 2024). Thermal Power: ~394 billion kWh (+0.5%). Nuclear Power: ~104 billion kWh (−0.3%). As a result, the share of thermal and ... ... producers' coordination but is sensitive to economic risks and potential sanctions-related upheavals. European Gas Market: approaches winter with near-record gas reserves, reducing concerns about sharp price spikes. Russian Fuel Market: is becoming increasingly ...

... production at hydropower plants from January to June decreased to approximately 98 billion kWh (−12% compared to the first half of 2024). Meanwhile, other segments compensated for some of the lost energy: thermal power plants (TPPs) generated about 394 billion ... ... producer coordination, but is highly sensitive to economic risks and potential sanction shocks. European Gas Market: approaches winter with record gas stocks, significantly reducing concerns about sharp price spikes during the cold period. Russian Fuel Market: ...

... snap in the autumn could raise volatility again. Record-high storage levels reduce the likelihood of sharp price spikes this winter, which is positively perceived by investors and industrial consumers. Meanwhile, market participants are closely monitoring ... ... maintain its burning levels at that of last year or slightly reduce them in 2025 (a decline of less than 1% is expected compared to 2024). Meanwhile, European countries, having filled their gas storages and commissioned new RES capacities, are actively reducing ...