
European power market outlook 2024
26 April 2024
The European power market outlook 2024: Faster but dearer
While the European power market has been significantly impacted by the Russian invasion of Ukraine, policy responses and higher-than-expected volumes of liquefied natural gas (LNG)—replacing Russian pipeline gas volumes—have reduced some of the expected impact.
Read our latest power market outlook to understand the opportunities created by:
- The energy transition accelerating: An exploration of the speed drivers including, resilient PPA demand, policy ambition, and reduced barriers to development
- Why it’s coming at a higher cost: The impact of interest rates, commodity prices, protectionist policies, and the increased cost of renewables deployment
Related Insights

Trump trade tariffs: Impact on the UK EV uptake
The global automative industry is at a critical juncture, shaped by intersecting forces of electrification, geopolitical trade tensions, and national decarbonisation policy.
Read more
Driving economic growth by securing a cleaner and resilient future for the North Sea
Our report, published in conjunction with Offshore Energies UK (OEUK), outlines how the North Sea can continue to play a pivotal role in the energy system as the world shifts to net zero, while positioning the UK as a resilient, innovative and competitive player in the global energy landscape.
Read more
From early adopters to early majority: Driving the next phase of EV growth
As EVs are moving beyond the early adopter phase, what are the principles needed for mass market adoption and progressing towards net zero targets?
Read more
Crossing the industry divide to drive decarbonisation across Asia-Pacific
Resources organisations are identifying opportunities in the unfamiliar overlap between energy, mining and metals.
Read moreRelated Client Stories

Maximising impact from AI investment for a global energy leader
Discover how a series of experiential learning events resulted in employee confidence in AI skills hitting 85%.
Read more
Maintaining the stability of the New South Wales power system
How do you ensure the future stability of the NSW power system?
Read more
Using AI to manage applications for connecting low-carbon devices
With growing calls for processes to be standardised, Baringa and Energy Networks Association (ENA) came together to develop and launch the first central industry platform to transform the way registrations for low-carbon devices are managed.
Read more
Collaborating globally to future proof Australia’s water resources
How do you effectively manage the ever-evolving supply and demand challenges of water resources?
Read moreIs digital and AI delivering what your business needs?
Digital and AI can solve your toughest challenges and elevate your business performance. But success isn’t always straightforward. Where can you unlock opportunity? And what does it take to set the foundation for lasting success?