European energy markets still in wait-and-see mode

In this episode of the weekly EnergyScan podcast about the Gas&Power markets, Julien Hoarau tells us about how gas and power prices are trading rangebound mode and that is, despite moving fundamentals. Indeed, weather is volatile with forecasts predicting milder weather this week and a cold spell to come. Gas supply is also experiencing bumps with preoccupations after a partial outage in Norway last week. However, these factors are leaving markets unmoved as they wait and see. EU regulation is also heavy this week, creating intense volatility on the carbon market.