Europe power long-term sensitivity: Impacts of commodity price variability

Commodity price volatility – gas in particular – has been a major influence on European power market dynamics and price formation in recent years. These sensitivity analyses quantify the impact of commodity price variations in 15 European power markets to 2050. The underlying market background presented for capacity & demand is unchanged from the preceding base case outlook, these analyses supplement the outlook with high and low commodity price sensitivities to 2050 . A summary data file accompanies each report, providing country-level information on changes in market average power prices, capture prices, and commodity cost assumptions. Market-level hourly results are also provided.