It’s a testament to the progress of the energy transition to date that European power markets have weathered the effects of the latest Middle East energy crisis, says Henri Domenach, managing director of energy management activities at ENGIE. 

“Today, the [natural gas] supply situation in Europe is reassuring,” he says. “Obviously, things can evolve and we need to be super careful looking forward. But what we see today … is that, for Europe, going towards the energy transition has helped to bring