Italian Power Market Outlook Apr 2024 – Anno IX n. 27
The PUN is expected to stabilize, with demand not reaching pre-pandemic levels until 2026, renewables accelerating further and imports increasing. Low CCT averages contribute to reducing the impact of the PUN overcome in the short term.
Macroeconomic Outlook Apr 2024 – Anno IX n. 27
The construction and the industrial sectors are expected to support the Italian GDP, with wage dynamics, disinflation, and investments recovery seen as pivotal to a consolidated although moderate growth.
LNG and Natural Gas Market Outlook Mar 2024 – Anno IX n. 27
The level of competition in LNG supplies, European gas reserves, and demand does not support a substantial price rebound until the next winter. The need for Norwegian supplies to offset OLT limits chances for the PSV-TTF spread narrowing.
CO2 Market Outlook Mar 2024 – Anno IX n. 27
Given the ETS reform timeline, the CO2 downward trend is unlikely continue: demand from the maritime and aeronautical sectors, along with progressively lower supplies in alignment with decarbonization targets, will contribute to a reduction of the qu
Gas and Power Market Outlook Jan 2024 – Anno IX n. 26
An expected recovery of gas demand in 2024 is seen as supporting gas and power prices. The deployment of renewable energy capacity would be key to ease tensions potentially arising in summer.
Italian Power Market Outlook Nov 2023 – Anno VIII n. 25
Power prices follow a normalization path, amid a gradual realignment of gas market fundamentals towards more balanced conditions, a bearish view on demand and renewables accelerating, supported by an uptake of the new capacity additions.
LNG and Natural Gas Market Outlook Oct 2023 – Anno VIII n. 25
The overall gas market equilibrium is delicate depending on a combination of factors that are pivotal for price stability: competitive dynamics between Europe and Asia on LNG supplies will play a key role.
Macroeconomic Outlook Sep 2023 – Anno VIII n. 25
The economic outlook remains uncertain, with further monetary policy tightening, a progressive deterioration of financial conditions and demand weakness weighting on output growth.
Coal and Oil Market Outlook Jul 2023 – Anno VIII n. 24
The demand-supply balance stabilizes after the energy crisis led headwinds for both for coal and oil: Asian demand supporting coal and OPEC acting to maintain the market equilibrium on C-Oil are expected to settle prices in the short-term.
Italian Power Market Outlook Jul 2023 – Anno VIII n. 24
Uncertainty on the gas market for next winter, recovery of hydro generation and start of delivery for plants under capacity mechanism push prices and spark spreads down for the next few months