Energy Indicators – Piper Sandler

Energy Indicators – Piper Sandler

September has seen natural gas prices surge, with European gas rates reaching a record high as energy transition-driven demand continues to drastically outpace supply.

This is forecast to increase further with demand expected to exceed pre-covid levels by 7% by 2024. Natural gas will continue to be the transition fuel for the near future, however with producers curbing investments into new supply and few other near-term alternatives, the requirement for cleaner energy resources is at an all-time high to help achieve environmental targets. Ahead of COP26, Piper Sandler summarises the emerging energy transition merger and acquisition (M&A) themes.