Matt Drinkwater

“Europe is currently on track to start the winter with an inadequate storage buffer against late winter cold, particularly because the amount you can withdraw from storage on a peak demand day diminishes the emptier storage gets,”

Matt Drinkwater · said date not stated · reported 2026-08-27

Matt Drinkwater told CNBC by email that Europe is on track to start winter with an inadequate storage buffer against late winter cold.

“also raises the risk that late winter will be colder than usual,”

Matt Drinkwater · said date not stated · reported 2026-08-27

Drinkwater added that a strengthening El Niño weather event raises the risk that late winter will be colder than usual.