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 European Energy Risk Index signals a moderate but tangible level of structural stress across the continent’s energy landscape. While the index does not point to acute crisis, the combination of elevated regional risk and persistent external pressures is eroding the sense of stability that characterized much of the early summer. Gas and oil flows remain functional, but the market is increasingly exposed to shocks—both from within Europe and from critical supply corridors abroad. The lack of asset-level transmission stress offers some reassurance regarding grid integrity and interconnection, yet the persistent contagion factor underscores the vulnerability of European markets to disruptions emanating from outside the region. For European consumers and industries, this translates into heightened price volatility and a growing imperative for risk mitigation as we approach the autumn demand ramp-up.
📊 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 MODERATE territory are associated with:
- Markets typically operate within normal ranges
- Gas price volatility remains subdued
- Risk sentiment broadly stable
- Seasonal patterns dominate over geopolitical signals