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2025-09-16 20:05:48
[ANZ: Wind Power Drives Significant Power Generation Growth, European Natural Gas Prices Fall] European natural gas prices fell below 32 euros per megawatt-hour in early trading, pressured by rising renewable energy generation and steady injections into natural gas inventories. ANZ Research analysts stated, "German electricity prices have fallen to their lowest level since December 31st last year, driven by expectations of a significant increase in renewable energy generation this week due to strong winds." Meanwhile, data from the European Gas Infrastructure Association, an industry organization, indicates that EU natural gas inventory levels have exceeded 80%. Traders are awaiting clarity on Western sanctions against Russia, and ample inventories are helping to alleviate market concerns about disruptions in Russian gas supplies.
