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EU Energy Markets Not Fully “Out of The Woods” Yet: Engie CEO

ENERGY
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European energy markets have seen signs of stabilization over the last weeks, but markets are not yet “fully out of the woods”, Engie CEO Catherine MacGregor said during the Q1 earnings call.

  • Markets look well supplied at the moment but several factors including the impact LNG outages and delays, geopolitical events, Asian demand and power network bottlenecks could still boost prices back up, MacGregor said.
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European energy markets have seen signs of stabilization over the last weeks, but markets are not yet “fully out of the woods”, Engie CEO Catherine MacGregor said during the Q1 earnings call.

  • Markets look well supplied at the moment but several factors including the impact LNG outages and delays, geopolitical events, Asian demand and power network bottlenecks could still boost prices back up, MacGregor said.