Episodes
In this week’s Gas and Power podcast, Julien Hoarau discusses about the recent increase in wholesale gas prices in Europe following news of a potential cut in remaining Russian pipeline flows through Ukraine. French power prices are now the cheapest in Europe on the back of recovering nuclear generation and heavy rainfalls. Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter: https://twitter.com/Energyscan_egm
Published 05/30/24
In the latest EnergyScan podcast, Olivier Gasnier tells us that the US economic slowdown seems to be materialising faster than disinflation, rather than the reverse, as the US stock markets seem to think.   Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter: https://twitter.com/Energyscan_egm
Published 05/21/24
In this week’s Gas & power podcast, Julien Hoarau discusses about the relative stability of European gas prices amid comfortable short-term fundamentals and persistent geopolitical risks on the supply side. The European power market continues to display large location spreads, highlighting the effects of RES penetration and grid constraints on the back of high rainfalls since the beginning of the year. Want to learn more? Start your EnergyScan free trial here:...
Published 05/15/24
In the latest EnergyScan podcast, Olivier Gasnier tells us that the latest US figures rule out the risk of a resumption of Fed rate hikes, but point to a possible marked slowdown in activity, while inflation remains too high.  Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter: https://twitter.com/Energyscan_egm
Published 05/06/24
Weak growth and excessively high inflation in the US. Yet this toxic combination for the markets has not had the expected effects? In the latest EnergyScan podcast, Olivier Gasnier explains why.  Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter: https://twitter.com/Energyscan_egm
Published 04/30/24
Who would have thought that a direct confrontation between Israel and Iran would lead to a fall in the price of oil and a rise in US Treasury yields? In the latest EnergyScan podcast, Olivier Gasnier explains why this is what happened.  Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter: https://twitter.com/Energyscan_egm
Published 04/22/24
In the latest EnergyScan podcast, Olivier Gasnier explains why we can believe in a disconnection between the Fed and the ECB and analyses the reaction of the oil market following Iran's retaliation against Israel.  Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter: https://twitter.com/Energyscan_egm
Published 04/16/24
This week, in our latest episode on the reform of Electricity Market Design, the focus is on short-term markets. In this third episode, Zélie Gautier explains how, after recognizing the great efficiency of short-term markets, the Commission plans in this reform to make them even more efficient and liquid in view of Europe's energy transition. Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter: https://twitter.com/Energyscan_egm
Published 04/10/24
For some time now, the prospect of simultaneous rate cuts by the Fed and the ECB has made little sense given the respective economic situations of the two blocs. In the latest EnergyScan podcast, Olivier Gasnier tells us that the latest economic data and the disagreements within the two central banks are rekindling speculation about independent scenarios. Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter: https://twitter.com/Energyscan_egm
Published 04/02/24
In this week’s Gas & Power podcast, Julien Hoarau discusses about the plunge in French power prices for spring delivery, the increase in international coal prices following the collapse of the Baltimore bridge and the relative stability in global gas prices on the back of a persisting mild weather pattern in the northern hemisphere.  Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter: https://twitter.com/Energyscan_egm
Published 03/28/24
A consensus seems to be forming in favour of a general cut in central bank rates in June tells us Olivier Gasnier in the latest EnergyScan podcast. But signs of a pick-up in economic activity and persistent inflationary pressures are fuelling uncertainty.  Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter: https://twitter.com/Energyscan_egm
Published 03/25/24
There are three central bank meetings this week: the Fed, the Bank of Japan and the Bank of England. In the latest EnergyScan podcast, Olivier Gasnier tells us that instead of the long-awaited monetary easing, the markets are going to get a hike, as the BoJ may put an end to its negative interest rate policy.  Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter: https://twitter.com/Energyscan_egm
Published 03/18/24
In this week’s Gas and Power podcast, Julien Hoarau discusses about the recent rebound in wholesale energy prices in Europe after weeks of decline. With no major change in the comfortable supply-demand outlook for gas and power markets for the coming months, the upward trend happened to be short-lived. Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter: https://twitter.com/Energyscan_egm
Published 03/15/24
In the latest EnergyScan podcast, Olivier Gasnier talks about misleading signals. According to him, The drop in the manufacturing ISM index does not call into question the temporary nature of the US slowdown, and the too-high euro area core inflation does not reflect any hidden strength in activity.  Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter: https://twitter.com/Energyscan_egm
Published 03/04/24
The markets are now putting off their hopes of a rate cut until June, without this affecting their optimism, as growth seems to be holding up or set to strengthen tells us Olivier Gasnier in the latest EnergyScan podcast, even though the signs of an upturn remain fragile. Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter: https://twitter.com/Energyscan_egm
Published 02/26/24
In this week’s Gas and Power podcast, Julien Hoarau discusses about the continuation of the downward trend in wholesale energy prices in Europe in the back of mild winter weather and record-high stock levels. In the US, gas prices at the Henry Hub dropped to their lowest level in almost four years despite record LNG exports.  Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter: https://twitter.com/Energyscan_egm
Published 02/26/24
This week we dive deeper into the Electricity Market Design Reform. In this second episode, Zélie Gautier talks about the impacts of the reform on forward markets, focusing on what are known as Virtual Trading Hubs. Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter: https://twitter.com/Energyscan_egm
Published 02/19/24
The sluggishness in the US economy in January is probably temporary, while price pressures seem to be increasingly entrenched tells us Olivier Gasnier in the latest EnergyScan podcast.  The market doesn't want to think about it yet, but a rate cut is anything but guaranteed this year, or even worse... Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter: https://twitter.com/Energyscan_egm
Published 02/19/24
Rates continue to rise as we await January's US inflation figures tells us Olivier Gasnier in the latest EnergyScan podcast. Another key week ahead... Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter: https://twitter.com/Energyscan_egm
Published 02/12/24
This week, we kick off our talks on regulation and market design with a series of three podcasts dedicated to the EU's Electricity Market Design reform. In this first episode, Zélie Gautier talks about the main features of the electricity market reform finalized last December after lengthy negotiations. This reform will considerably reshape European electricity markets. Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter:...
Published 02/06/24
There are three main lessons to be learned from the past week tells us Olivier Gasnier in the latest EnergyScan podcast: 1) the Fed's rate cut looks increasingly doubtful; 2) the US/eurozone growth gap is widening; 3) oil prices have started to fall again.  Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter: https://twitter.com/Energyscan_egm
Published 02/05/24
In this week's Gas & Power podcast, Julien Hoarau tells us about the drivers behind the slight rebound in European energy prices after weeks of decline. Market players focus on developments around the flow of LNG cargoes coming to Europe from Qatar and the US while overall demand remains subdued. Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter: https://twitter.com/Energyscan_egm
Published 01/29/24
US growth is showing unlikely resistance to monetary tightening, while the eurozone is flirting with recession. Can the Fed cut rates before the ECB, as the markets expect? That's what Olivier Gasnier is trying to answer in the latest EnergyScan podcast.  Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter: https://twitter.com/Energyscan_egm
Published 01/29/24
The prospect of a rapid rate cut by central banks is receding in the US and Europe, but with radically different effects on the markets, reflecting very contrasting economic situations tells us Olivier Gasnier in the latest EnergyScan podcast.  Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter: https://twitter.com/Energyscan_egm
Published 01/22/24
Despite a cold snap hitting Europe, wholesale gas and power prices continue to fall in January. Comfortable supply fundamentals, subdued demand and favorable weather forecasts contribute to the decline but geopolitical risks remain in the background. Want to learn more? Start your EnergyScan free trial here: https://bit.ly/3UBfVEH Follow us on twitter: https://twitter.com/Energyscan_egm
Published 01/17/24