Europe braces for winter gas crunch

Plugged In: the energy news podcast

Plugged In: the energy news podcast
Europe braces for winter gas crunch
Sep 10, 2026 Season 8 Episode 38
Montel News

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Europe is heading into winter with gas storage well below comfortable levels, LNG supplies under pressure and the Strait of Hormuz crisis adding further uncertainty to an already tight market.

Could a cold winter push European gas prices to EUR 150/MWh? And with Europe increasingly competing for LNG on the global market, how exposed is the continent to another energy price shock?

This week, we discuss Europe's gas balance, the race for LNG, the impact of continued disruption in the Middle East and what needs to happen to prevent another painful winter for consumers and industry.

Host:
Snjólfur Richard Sverrisson – Editor-in-Chief, Montel News

Guests:
Laurence Walker – Deputy Editor-in-Chief, Montel News
Tony Jordan – Founder, Energy Price Intelligence
Yuriy Onyshki – Senior Gas Analyst, LSEG
Trevor Sikorski – Head of Natural Gas and Emissions, Energy Aspects

Editor & Producer: 
Alexandra Carlon

#EuropeanGas #LNG #GasStorage #EnergyMarkets #GasPrices #StraitOfHormuz #EnergyCrisis #EnergySecurity



Episode Artwork Europe braces for winter gas crunch 32:51 Episode Artwork Summer price volatility: Batteries take the spoils? 30:19 Episode Artwork Hormuz crisis: Outlook remains highly uncertain 32:23 Episode Artwork Norway faces a dry, expensive winter 26:23 Episode Artwork Europe feels the heat: Extreme weather becomes the norm 32:17 Episode Artwork Europe’s energy transition: Full speed ahead? 28:59 Episode Artwork Keeping pace with power hungry data centres 30:59 Episode Artwork Market design: Driving or derailing the transition? 30:20 Episode Artwork Grids: Easing bottlenecks 33:41 Episode Artwork Renewables Roll-Out: Saturation Reached? 38:38 Episode Artwork State of Play: Where Are We Now? 32:31 Episode Artwork Can Britain Still Deliver Net Zero? Chris Stark on “ungumming the system” and the UK's Energy Future 33:22 Episode Artwork Data Centre Boom: catalysts and constraints 41:25 Episode Artwork Finland - a power success story? 32:54 Episode Artwork Sweden’s energy spat with Brussels 33:50 Episode Artwork Feeling the heat: Preparing Europe's grids for summer 36:39 Episode Artwork How many wake up calls does Europe need? 48:29 Episode Artwork Celebrating curtailment: Are negative prices really that bad? 37:54 Episode Artwork Snorkelling for negative prices 34:27 Episode Artwork Gas storage: Complacency or Crunch? 31:21 Episode Artwork Reshaping French energy 36:16 Episode Artwork “Strange” prices rattle Europe's power markets 37:02 Episode Artwork Gulf Ceasefire: fragile or firm? 33:29 Episode Artwork PPA slowdown – temporary or permanent? 42:30 Episode Artwork Coal makes a comeback 31:30