Future Of British Business
Winter Chill Coming to Europe Will Challenge Energy Systems
- Plunging temperatures would heighten pressure on gas storage
- Asia facing cold weather could increase competition for LNG
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Temperatures across Europe likely will plummet this month after a relatively mild November, and the heightened pressure on natural-gas supplies will test the region’s fragile energy networks.
Long-range outlooks from Maxar Technologies Inc. and Marex point toward a higher probability of cooler-than-average conditions over most of the continent. Cold air will be blowing from the Arctic for at least the first part of the month because of a weather pattern known as blocking.