86.29% gas storage capacity reached in Europe, with reduced wind energy production and increased daily Gazprom supply.

86.29% capacity reached at European underground gas storage facilities, holding 94.9 billion cubic meters, an 8.8% increase over the past 5 years' average. Wind energy's share in European electricity production dropped to 11.56% in July, its lowest since mid-2023. Gazprom supplies 39.4 million cubic meters of gas daily to Europe, primarily via a Ukrainian pipeline due to the Nord Stream pipeline's failure. The London ICE exchange gas price is around $412.

August 07, 2024
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