Spain Leans on Gas to Stabilize Grid After Historic Blackout

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Spain's gas demand for power generation increased by 7.4% in 2025, driven by a 33.4% jump in gas demand for electricity generation, following the worst blackout in Europe's modern history.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Gas demand for power generation spiked last year as utilities boosted gas-powered output following the worst blackout in Europe’s modern history. Spain’s demand for transported natural gas – domestic demand plus exports – rose by 7.4% to reach 372 terawatt-hours (TWh) last year, up from 346 TWh in 2024. The increase was largely driven by a 33.4% jump in gas demand for electricity generation, Spain’s gas grid operator Enagas said in its 2025 results release on Tuesday. Exports also drove Spain’s demand for transported…

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Original article published by OilPrice.com on February 17, 2026.
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