Oil and gas prices are rising again as the Iran war shakes global energy markets. But so far Europe’s power system is holding up better than in 2022, when Russia invaded Ukraine. More renewables and lower demand have made Europe’s energy system more resilient, even as prices edge higher. Yet gas still matters, and as coal exits the power mix, exposure to future shocks could grow. So how vulnerable is Europe if disruption deepens? On today’s show, Kamala Schelling is joined by Kesavarthiniy Savarimuthu, BNEF’s head of European Power, to discuss her note: “Iran War Hasn’t Sparked a New European Energy Crisis - Yet.”

Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com

Links to research notes from this episode:

Iran War Hasn’t Sparked a New European Energy Crisis - Yet - https://www.bnef.com/insights/38917

Oil and gas prices are rising again as the Iran war shakes global energy markets. But so far Europe&rsquo;s power system is holding up better than in 2022, when Russia invaded Ukraine. More renewables and lower demand have made Europe&rsquo;s energy system more resilient, even as prices edge higher. Yet gas still matters, and as coal exits the power mix, exposure to future shocks could grow. So how vulnerable is Europe if disruption deepens? On today&rsquo;s show, Kamala Schelling is joined by Kesavarthiniy Savarimuthu, BNEF&rsquo;s head of European Power, to discuss her note: &ldquo;Iran War Hasn&rsquo;t Sparked a New European Energy Crisis - Yet.&rdquo;
Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF&lt;GO&gt; on the Bloomberg Terminal or on <a href="https://www.bnef.com/">bnef.com</a>
Links to research notes from this episode:
Iran War Hasn&rsquo;t Sparked a New European Energy Crisis - Yet - <a href="https://www.bnef.com/insights/38917">https://www.bnef.com/insights/38917</a>

The future of energy, transport, sustainability and more, as told by BNEF analysts. Each week, Dana Perkins and Tom Rowlands-Rees sit down with BloombergNEF (BNEF) analysts to uncover the key findings and stories behind their latest research.

The future of energy, transport, sustainability and more, as told by BNEF analysts. Each week, Dana Perkins and Tom Rowlands-Rees sit down with BloombergNEF (BNEF) analysts to uncover the key findings and stories behind their latest research.

The future of energy, transport, sustainability and more from Bloomberg analysts

Switched On

European Power Confronts Gas Shock: Analyst Reaction

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/0001d8f8-26aa-42e8-88cf-b417009755f9/transcript