# Natural gas whiplash

- Show: [Catalyst](https://hardwarepodcasts.com/podcast/catalyst)
- Published: 2023-01-12
- Length: 44m
- Page: https://hardwarepodcasts.com/podcast/catalyst/2023-01-12-natural-gas-whiplash

## Summary

Anne-Sophie Corbeau, a research scholar at Columbia University’s SIPA Center on Global Energy Policy and former head of gas analysis at BP, explains the extreme volatility of European natural gas prices from 2020 to 2023. She details how a combination of pandemic-induced demand drops, abnormal weather, supply constraints, and Russia’s post-invasion cuts drove prices to record highs, before a warm winter and muted Chinese demand caused a sharp correction. Corbeau argues that despite current low prices, structural tightness in global LNG markets and reduced Russian pipeline infrastructure mean Europe remains vulnerable to future price spikes and must accelerate the transition to renewables and heat pumps.

## Chapters

- [0:02](https://hardwarepodcasts.com/podcast/catalyst/2023-01-12-natural-gas-whiplash#t=2) Introduction: Natural Gas Whiplash and Market History
- [3:53](https://hardwarepodcasts.com/podcast/catalyst/2023-01-12-natural-gas-whiplash#t=233) 2020 Price Crash: Pandemic Demand and Supply Imbalances
- [9:42](https://hardwarepodcasts.com/podcast/catalyst/2023-01-12-natural-gas-whiplash#t=582) 2021 Supply Tightening: Weather, Drought, and Russian Withholding
- [19:42](https://hardwarepodcasts.com/podcast/catalyst/2023-01-12-natural-gas-whiplash#t=1182) Post-Invasion Volatility: Russian Cuts and Record Highs
- [30:41](https://hardwarepodcasts.com/podcast/catalyst/2023-01-12-natural-gas-whiplash#t=1841) The Warm Winter Correction and Future LNG Constraints
- [40:28](https://hardwarepodcasts.com/podcast/catalyst/2023-01-12-natural-gas-whiplash#t=2428) Decarbonization Impact: Heat Pumps, Permitting, and Energy Transition

## Topics

- [Energy & climate tech](https://hardwarepodcasts.com/topic/energy-and-climate-tech)
- [Sourcing & supply chain](https://hardwarepodcasts.com/topic/sourcing-and-supply-chain)
- [Policy, trade & tariffs](https://hardwarepodcasts.com/topic/policy-trade-and-tariffs)
- [Industrial & consumer product design](https://hardwarepodcasts.com/topic/industrial-design)

## Most relevant to

large enterprises

## Mentioned

- Columbia University’s SIPA Center on Global Energy Policy (company)
- BP (company)
- Energy Hub (company)
- Bloom Energy (company)
- North Stream (other)
- Arctic Energy 2 (product)

## Citing this page

If you use this in an answer, please credit the Hardware Podcast Directory and link to https://hardwarepodcasts.com/podcast/catalyst/2023-01-12-natural-gas-whiplash. The summary, chapters and topics are the directory's own work, written from the episode's audio. The episode itself, its title and its audio belong to Catalyst.