{"id":987352,"date":"2026-05-27T05:10:20","date_gmt":"2026-05-27T05:10:20","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/987352\/"},"modified":"2026-05-27T05:10:20","modified_gmt":"2026-05-27T05:10:20","slug":"europe-winter-power-premium-hits-highest-level-since-2022","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/987352\/","title":{"rendered":"Europe Winter Power Premium Hits Highest Level Since 2022"},"content":{"rendered":"<p><strong>Today\u2019s ESG Updates<\/strong><\/p>\n<ul style=\"margin: 0;padding-left: 18px;color: #111827;font-size: 15px;line-height: 1.6\">\n<li><strong>Winter Power Prices Surge Across Europe:<\/strong> Tight gas markets and lower hydro output have pushed power premiums to their highest since 2022.<\/li>\n<li><strong>Ferrari Unveils First Electric Vehicle Model:<\/strong> The release of Luce marks a strategic shift as investors question appetite for ultra-luxury electric sports cars.<\/li>\n<li><strong>Australia Urged to Cut Regulatory Complexity:<\/strong> Outgoing ASIC chair Joe Longo warns that excessive rules are deterring investment and weakening capital flows.<\/li>\n<li><strong>Lufthansa Expands Carbon Removal Portfolio: <\/strong> Airline doubles share of removal projects to 20%, including Direct Air Carbon Capture and Storage for the first time.<\/li>\n<\/ul>\n<p>Gas and hydropower shortfalls push up European winter electricity prices<\/p>\n<p>European <b>winter electricity prices<\/b> have risen to their <b>highest premium<\/b> over summer contracts since the<b> 2022 energy crisis<\/b>, as gas supply disruptions and weak hydropower reserves increase pressure ahead of the heating season. Winter 2026 power contracts are trading more than<b> 20% above<\/b> equivalent 2027 benchmarks.<\/p>\n<p>The rise has been driven by tighter gas markets following disruptions to <b>LNG flows <\/b>due to the <b>U.S.-Israeli war in Iran<\/b>, alongside unusually low hydropower availability. European gas storage levels stand at <b>38.2%<\/b>, well below the seasonal norm of <b>52%<\/b> and far short of the EU\u2019s <b>90%<\/b> <b>target<\/b> before winter.<\/p>\n<p><b>Germany <\/b>and<b> Italy,<\/b> both heavily reliant on gas-fired generation, have seen winter baseload prices climb above <b>\u20ac110 <\/b>and <b>\u20ac120 per megawatt hour, <\/b>respectively. Analysts warn that prolonged supply disruptions or further pressure on fuel inventories could trigger sharper price increases and renew concerns over Europe\u2019s energy security.<\/p>\n<p>***<\/p>\n<p>Further reading: <a href=\"https:\/\/www.reuters.com\/business\/energy\/european-winter-power-price-premium-hits-highest-since-2022-gas-hydro-shortfalls-2026-05-26\/\" target=\"_blank\" rel=\"noopener noreferrer external noopener nofollow\">European winter power price premium hits highest since 2022 on gas, hydro shortfalls<\/a><\/p>\n<p><strong style=\"font-size: 18px;color: #2e7d32\">Featured ESG Tool of the Week:<\/strong><br \/>\n<a style=\"font-weight: bold;color: #00695c;text-decoration: none\" href=\"https:\/\/klimado.com\/\" target=\"_blank\" rel=\"noopener noreferrer external noopener nofollow\">Klimado<\/a> \u2013 Navigating climate complexity just got easier. Klimado offers a user-friendly platform for tracking local and global environmental shifts, making it an essential tool for climate-aware individuals and organizations.<\/p>\n<p>Ferrari unveils first all-electric car, investors remain wary<br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-119783\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2026\/05\/joshua-koblin-eqW1MPinEV4-unsplash-300x200.jpeg\" alt=\"ESG news regarding Europe\u2019s surging winter power price premiums, the release of Ferrari\u2019s first fully electric vehicle, Australia\u2019s complex corporate regulatory framework and Lufthansa\u2019s expanded climate portfolio\" width=\"300\" height=\"200\"  \/>Ferrari will begin taking orders for Luce this week. Photo Credit: <a href=\"https:\/\/unsplash.com\/@joshkoblin\" target=\"_blank\" rel=\"noopener noreferrer external noopener nofollow\">Joshua Koblin<\/a><\/p>\n<p>Ferrari has unveiled <b>Luce<\/b>, its first <b>fully electric vehicle<\/b>, marking one of the biggest strategic shifts in the company\u2019s history as luxury carmakers reassess demand for high-end EVs.<\/p>\n<p>The five-seater, priced from<b> \u20ac550,000<\/b> ($625,000) in Italy, can reach close to <b>200 miles per hour <\/b>and was developed with design firm <b>LoveFrom<\/b>, founded by former Apple designer <b>Jony Ive.<\/b> Analysts will be watching demand closely as the model breaks from tradition with its electric powertrain, four-door layout, and absence of a classic engine roar. According to <b>Angus MacKenzie<\/b>, international bureau chief for MotorTrend, \u201cthere\u2019s no real certainty as to what the market is for it\u201d.<\/p>\n<p>The launch comes amid growing pressure in the <b>luxury EV market<\/b>. Investors seem wary, with Ferrari <b>shares falling 6%<\/b> after the unveiling. This drop extends a decline that has wiped about<b> $28 billion<\/b> from its market value since October, when the company cut its electrification targets and lowered growth forecasts.\u00a0<\/p>\n<p>***<\/p>\n<p>Further reading: <a href=\"https:\/\/www.nytimes.com\/2026\/05\/25\/business\/ferrari-luce-electric-vehicle.html?unlocked_article_code=1.lVA.jjv9.QhdeBOyhr6Jx&amp;smid=url-share\" target=\"_blank\" rel=\"noopener noreferrer external noopener nofollow\">Ferrari Is Finally Going Electric. Will the Purists Buy It?<\/a><\/p>\n<p><strong>Related Articles<\/strong><\/p>\n<p>Here is a list of articles selected by our Editorial Board that have gained significant interest from the public:<\/p>\n<p>Australia must simplify regulation to revive investment, says outgoing ASIC chief<br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-119784\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2026\/05\/naseem-buras-dQ7gqj4ds3c-unsplash-300x199.jpeg\" alt=\"ESG news regarding Europe\u2019s surging winter power price premiums, the release of Ferrari\u2019s first fully electric vehicle, Australia\u2019s complex corporate regulatory framework and Lufthansa\u2019s expanded climate portfolio\" width=\"300\" height=\"199\"  \/>Australia\u2019s Corporations Act, administered by ASIC, is more than 3,300 pages long. Photo Credit: <a href=\"https:\/\/unsplash.com\/@naseem_buras\" target=\"_blank\" rel=\"noopener noreferrer external noopener nofollow\">Naseem Buras<\/a><\/p>\n<p>Australia needs to simplify complex corporate rules to revive investment and attract capital, according to outgoing securities regulator chief <b>Joe Longo<\/b>, who warned <b>excessive regulation<\/b> was undermining innovation and public markets.<\/p>\n<p>Longo, whose five-year term as chair of the Australian Securities and Investments Commission ends <b>this week<\/b>, said the country\u2019s legal framework had become <b>\u201calmost impenetrable\u201d<\/b> despite being built \u201cwith good intent\u201d. He argued that increasingly complex regulation was raising compliance costs, slowing decisions, and discouraging startups and companies from listing on public markets.<\/p>\n<p>Reviving Australia\u2019s capital markets was a key focus of Longo\u2019s tenure, including efforts to streamline the <b>listing process <\/b>by cutting one week from the standard <b>20-week timeline.<\/b> Despite those reforms, IPO activity remains weak, with just <b>$11 million<\/b> raised in the first quarter, among the lowest levels since the 2008 financial crisis.<\/p>\n<p>***<\/p>\n<p>Further reading: <a href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/australia-needs-ease-complex-rules-boost-capital-flows-says-outgoing-regulatory-2026-05-26\/\" target=\"_blank\" rel=\"noopener noreferrer external noopener nofollow\">Australia needs to ease complex rules to boost capital flows, says outgoing regulatory chief<\/a><\/p>\n<p>Lufthansa expands its climate portfolio with a strong focus on carbon removal\u00a0<br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-119782\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2026\/05\/foto-k-u5oVZbjgEsM-unsplash-300x200.jpeg\" alt=\"ESG news regarding Europe\u2019s surging winter power price premiums, the release of Ferrari\u2019s first fully electric vehicle, Australia\u2019s complex corporate regulatory framework and Lufthansa\u2019s expanded climate portfolio\" width=\"300\" height=\"200\"  \/>Direct Air Carbon Capture and Storage projects filter CO\u2082 from ambient air and store it underground for the long term. Photo Credit:<a href=\"https:\/\/unsplash.com\/@b829\" target=\"_blank\" rel=\"noopener noreferrer external noopener nofollow\"> Foto K<\/a><\/p>\n<p>Lufthansa Group has launched a new <b>climate protection portfolio<\/b> featuring <b>14 certified projects<\/b> across Europe and other markets, as it shifts further towards technology-based carbon removal.<\/p>\n<p>The updated mix doubles the share of removal projects to around <b>20% of the total portfolio<\/b> and, for the first time, includes <b>Direct Air Carbon Capture and Storage<\/b> alongside other avoidance measures. The portfolio complements the group\u2019s emissions-reduction and <b>Sustainable Aviation Fuel strategy<\/b>, enabling passengers to fund climate projects beyond direct flight emissions.<\/p>\n<p>In 2025, Lufthansa passengers contributed to projects covering more than <b>710,000 tonnes of CO\u2082,<\/b> up around <b>20% <\/b>from the previous year. The airline is working with partners including Climeworks, First Climate, and 1PointFive, and all projects are certified under standards such as the Gold Standard.<\/p>\n<p>The move comes as airlines face growing pressure to demonstrate <b>credible decarbonization plans<\/b> in a sector where emissions are difficult to abate, particularly on long-haul routes.<\/p>\n<p>***<\/p>\n<p>Further reading: <a href=\"https:\/\/esgnews.com\/lufthansa-expands-climate-portfolio-with-14-certified-projects\/\" target=\"_blank\" rel=\"noopener noreferrer external noopener nofollow\">Lufthansa Expands Climate Portfolio With 14 Certified Projects<\/a><\/p>\n<p><b>Editor\u2019s Note:<\/b> The opinions expressed here by the authors are their own, not those of impakter.com \u2014 <b>In the Cover Photo: <\/b>Aerial view of a hydropower dam. <b>Cover Photo Credit<\/b>: <a href=\"https:\/\/unsplash.com\/@dmey503\" target=\"_blank\" rel=\"noopener noreferrer external noopener nofollow\">Dan Meyers\u00a0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Today\u2019s ESG Updates Winter Power Prices Surge Across Europe: Tight gas markets and lower hydro output have pushed&hellip;\n","protected":false},"author":2,"featured_media":987353,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[5174],"tags":[46332,274502,2000,299,5187,248118,274503,274504,274505],"class_list":["post-987352","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eu","tag-carbon-removal","tag-corporate-regulation","tag-eu","tag-europe","tag-european","tag-european-energy-crisis","tag-ev-market-trends","tag-ferrari-luce","tag-hydropower-shortage"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116644822010292212","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/987352","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=987352"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/987352\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/987353"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=987352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=987352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=987352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}