Fuel-Shock Transmission into European Power Prices
GB, DE, and the Limits of Observational Inference after the February-March 2026 Oil and Gas Shock
Modo Energy has offered excellent analysis of the current gas/oil crisis on power markets: if gas remains marginal in peak and shoulder hours, then a sharp gas shock should pass into short-term power prices, though perhaps more weakly in Germany if coal and lignite still cap part of the move.
I wanted to investigate this logic further with open data so …
