
Gas outlook: prices, storage levels & security of supply perspectives
Since the start of 2025, Europe’s gas markets have experienced significant pressures, with supply and demand remaining delicately balanced. Prices have risen compared to the previous year, driven by geopolitical tensions in the Middle East and Russia, supply disruptions, low storage levels, a constrained balance between LNG supply and demand,
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Each month, one of our experts publishes an article describing his view on a specific topic of the constant changes taking place in the energy market, with special focus on the French market.

Analysis of the Iberian singularity (last 3 months) versus other regulatory mechanisms
Gas cap mechanism in the Iberian Peninsula On 15 June, the Iberian singularity mechanism came into effect allowing Spain and Portugal to contain price

Purchasing power and energy
On 17 August 2022, the first law of the new legislature, i.e., of Emmanuel Macron’s second term in office, “LOI n°2022-1158 du 16 août

Australia’s power spot market suspension: a warning for Europe?
Last June 15th, the Australian Energy Market Operator (AEMO) suspended the spot market for wholesale electricity as a result of an ever worsening power

REPowerEU: “green” and economic cost at stake?
On Wednesday, May 18th, EC President Ursula von der Leyen unveiled the EC´s REPowerEU plan, a proposal aimed at becoming independent of Russian fossil

THE TIMES THEY ARE A-CHANGIN’ – Iberian Singularity
Energy has been a daily topic of conversation in recent months. We at HES have been closely following all the developments to accompany our

Rising energy prices: national measures to protect European end-users
In recent months, European wholesale energy prices have risen considerably, thus creating a tense situation for end-users. In addition, Russian’s invasion of Ukraine at

Ukrainian crisis: how does dependence on Russian gas threaten the security of energy supply in France and, more broadly, in Europe?
“Master of the Kremlin”, as Vladimir Putin is often referred to, is certainly a master in the use of the bludgeon… but he is

French capacity mechanism: New simplified rules
In the wake of the major strategic directions for energy and climate, the energy mix – and the market as a whole – are

Nuclear Groundhog Day
According to the Gregorian calendar, on Tuesday, 21 December, the signal for the beginning of the winter season was officially given. For Europe, however,