European Energy Risk Index (EERI)
The EERI tracks geopolitical risk, gas supply disruptions, and market stress across European energy systems. Updated daily, it provides a single composite score from 0 to 100 measuring systemic risk in European energy markets.
What EERI Measures
EERI aggregates alert severity, regional conflict concentration, and energy asset exposure into a single daily index focused on European energy systems. It captures geopolitical tensions, gas supply disruptions, sanctions impacts, and market volatility affecting natural gas, crude oil, LNG, and power infrastructure across Europe.
EERI History (14 days)
Public 14-day EERI history (24h delayed)
EERI Interpretation
Today’s EERI reading signals a period of acute structural risk for European energy markets, with the "Severe" risk band underscoring the gravity of current disruptions. The market faces a convergence of unprecedented supply shocks and geopolitical volatility, with immediate impacts on both oil and gas flows into Europe. Energy security is under intense pressure as traditional supply routes are strained and price volatility spikes, threatening industrial stability and raising the specter of downstream effects for European consumers and manufacturers. The elevated contagion factor highlights the vulnerability of interconnected markets, particularly as transmission assets and regional flows come under stress. For market participants, this environment demands heightened vigilance, as the resilience of European supply chains is being tested in real time.
📊 Weekly Risk Snapshot
How European energy risk evolved this week and how markets responded.
Did markets validate the risk environment this week?
Historically, weeks where EERI spends multiple days in SEVERE territory are associated with:
- Gas markets may show sustained directional pressure
- Oil markets often display heightened sensitivity
- Risk sentiment tends toward gradual normalization
- Supply-chain indicators warrant close monitoring