AT THEEurope is suffering from a late autumn heatwave, easing pressure on gas stocks as the bloc braces for its first winter without Russian fossil fuels.
Although Europe has seen below-average temperatures for most of October, the autumn heatwave peaked this weekend, bringing temperatures up to 35 degrees above normal in some parts of the continent.
In many parts of Europe, highs rose this weekend into the 70s and 80s, more like summer than late October.
In France, Saturday was the hottest day on record since Oct. 20, French meteorologist Etienne Kapikian noted. Twitterwith temperatures reaching 87 degrees Fahrenheit in the southwest of the country.
Qq temperature exceptionalnes parmi tant d’autres…
🌡️31.8°C to #Tarbe less than 28 and 29-10-2022! record after 5-octobre et au 3e rang mensuel, pulverizant 2 fois le record de 2e quinzaine à la station (30.1, 20-10-2014) et celui de 3e decade (29.6, 30-10-2001); Simulating Depuis 1946 pic.twitter.com/LkVMV2tpv4
Etienne Kapikian (@EKMeteo) October 30, 2022
Belgium also saw “unprecedented” temperatures of around 77 degrees this weekend.
Temperatures are expected to remain cooler than normal for early November, too.
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Long-term forecasts from forecasters Maxar Technologies and Marex do not indicate any cooling in Europe in November, Bloomberg report, a welcome sign for the European Union, which has rushed to fill gas storage tanks before winter.
Russia has been slowing natural gas deliveries to the EU since its February invasion of Ukraine. Since then, Russia has cut gas supplies to the bloc by 88% and has threatened to halt supplies entirely in response to EU sanctions imposed in response to the war.
Maxar reports “stronger than normal” temperatures expected in early November, with cooler weather expected to continue throughout the month.
Some forecasts indicate that temperatures may return to normal in the second half of November.
Gas storage tanks in Europe are almost 95% full during the winter season. And Germany, which used to rely on Russia for about half of its natural gas imports, has filled its storage tanks to 99%.
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European gas prices fell due to mild temperatures, with the Dutch benchmark TTF futures falling on Tuesday as much as 5.5%.