Source page: McKinsey & Company
Commentary
Mild winter, cooling gas demand
Oil & Gas | Europe
June 1, 2023 – Russian natural gas exports to Europe declined by more than 50 percent from 2021 to 2022, leading to surging prices. Senior partners Namit Sharma and Thomas Vahlenkamp and colleagues find that the shock to the energy market was met by a change in behavior from consumers, whose demand for household gas declined, even after taking into account the milder winter.
To read the article, see “A balancing act: Securing European gas and power markets,” April 25, 2023.
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Visual form
Vertical bar chart.
Layout / body structure
A single chart places four country bars across the page from left to right, with the title and unit line above the plot and source notes below it.
What is being compared
It compares European household natural-gas demand reduction attributed to behavioral change across the UK, Germany, Italy, and France after summer.
Measurement system
The vertical measure is billion cubic meters, and the legend ties the bars to expected demand adjusted for heating days so the chart isolates behavior-driven demand reduction.
Visible structure inside the graphic
The graphic uses one dark-blue series, one bar per country, a shared baseline, and a simple descending height pattern that makes the ranking readable at a glance.
Main takeaway from the visual
The UK stands well above the rest of the group, with Germany, Italy, and France stepping down in order, so the chart makes the change in household behavior look broad but uneven across countries.
Key standout values or extremes
The UK bar is the tallest visible column and France is the shortest, with Germany and Italy filling the middle positions in a clear descending sequence from left to right.
Controls / sequence, when applicable
This is a static chart image with no in-chart controls to operate.
Companion media, when applicable
There is no separate companion audio or video; the chart image is the full visual on this page.