Cold Blasts Set to Test Energy Resilience in Europe and Asia
Weather models show high pressure developing over the North Atlantic and Arctic regions, allowing polar air to spread across much of Europe next week.
Photographer: Daniel Roland/Getty ImagesEnergy markets in Europe and Asia are heading for a turbulent winter, as forecasters expect recurring cold snaps that risk pushing up power prices.
Weather models show high pressure developing over the North Atlantic and Arctic regions, allowing polar air to spread across much of Europe next week. It’s a pattern that forecasters say will be repeated through the heating season that started this month. Early winter cold is also possible in Japan, while energy traders are also scrutinizing the outlook for an unseasonably cool winter in India and southeast Asia.