The only thing that can save Europe from a gas crunch is storage. When gas traders don’t fill their storage in summer because they get horrible market signals then there won’t be enough to go around once winter hits. Driving prices higher. Volatility will be strong but hey, traders love volatility. If Europe wants more steady gas all year round it would help to stop paying renewable operators to skewer the market allowing gas operators the margins they need to fill storage.
Rudolf Huber was featured in those quality publications
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