{"id":7304,"date":"2026-10-26T17:00:00","date_gmt":"2026-10-26T14:00:00","guid":{"rendered":"https:\/\/mikhailinvest.com\/super-el-nino-may-soften-winter-energy-squeeze\/"},"modified":"2026-10-26T17:00:00","modified_gmt":"2026-10-26T14:00:00","slug":"super-el-nino-may-soften-winter-energy-squeeze","status":"publish","type":"post","link":"https:\/\/mikhailinvest.com\/ru\/super-el-nino-may-soften-winter-energy-squeeze\/","title":{"rendered":"Super El Ni\u00f1o May Soften Winter Energy Squeeze"},"content":{"rendered":"

We extensively covered the unusually strong El Ni\u00f1o<\/em><\/strong>,<\/em> its weather impacts by region, and the risks this adverse weather poses to crop production and global food inflation.\u00a0<\/p>\n

UBS’s energy team<\/strong> hosted a call Tuesday with meteorologist James Block to assess El Ni\u00f1o impacts for weather markets. The discussion comes amid a global refining crisis and continued disruptions to Strait of Hormuz energy flows, with European natural gas futures approaching 90 euros<\/a> per megawatt-hour this week.<\/p>\n

Block offered some relief to energy consumers<\/strong> as the Northern Hemisphere approaches winter. He expressed high confidence that warmer-than-normal conditions will be present across several major energy-demand regions, including the northern US, Europe and parts of Asia. That could moderate heating demand<\/strong> as energy supplies, such as heating oil, remain tight.<\/p>\n

Above-average temperatures, however, would not eliminate the risk of one or two cold blasts. Block warned of the potential for “black swan<\/strong>” events, including snowstorms and ice storms. In the Mid-Atlantic and Northeast, a powerful nor’easter coinciding with an Arctic cold outbreak could blanket major cities with heavy snow, even within a mild winter.\u00a0<\/p>\n

Here are the key takeaways<\/strong> from the discussion:<\/p>\n

Strongest El Ni\u00f1o in more than 75 years<\/em><\/strong><\/p>\n

According to the expert, the current El Ni\u00f1o is unequivocally the strongest observed since modern sea surface temperature monitoring began in the 1950s. A “Super El Ni\u00f1o” is typically characterized by Pacific Ocean temperatures exceeding normal levels by more than 3\u00b0C, and the expert believes that anomalies could surpass 3.5\u00b0C this season. The event is expected to peak in January before gradually weakening, with conditions likely returning to normal by May 2027. While Super El Ni\u00f1o events generally result in milder winter weather, they can also generate so-called “black swan” weather events, including severe snowstorms and ice storms. Should such episodes occur, the expert believes they are most likely between late January and early February and would probably be short-lived, lasting between one and two weeks. Overall, however, the implication for energy markets is lower-than-average heating-related demand for this winter.<\/em><\/p>\n

Regional outlooks<\/em><\/strong><\/p>\n

The impact from El Ni\u00f1o varies significantly by region. In the <\/em>United States<\/em><\/strong>, the expert expects temperatures across the Northern Plains, Northeast and parts of Canada to average 1.5\u00b0C to 3\u00b0C above normal. In contrast, the Southern Tier is expected to experience cooler-than-average conditions. Texas, in particular, is likely to see colder and wetter weather than normal, although the probability of an extreme freeze event remains lower than in a typical winter. For <\/em>Europe<\/em><\/strong>, the signal is less pronounced than in North America but still points towards a relatively mild season. The expert expects temperatures across Southern and Central Europe to average approximately 0.5\u00b0C to 1.5\u00b0C above normal. The impact is likely to be smaller in Northern Europe, although conditions are still expected to trend warmer than average overall. In <\/em>Asia<\/em><\/strong>, confidence is highest for above-normal temperatures in India and Japan. Forecast signals for China are less robust, as weather patterns there are influenced more heavily by continental effects and local terrain. This is particularly relevant because energy demand is concentrated in northern China, where the warming signal appears weaker.<\/em><\/p>\n

Beyond temperature: hurricanes, wind and precipitation<\/em><\/strong><\/p>\n

The discussion also covered the outlook for the remainder of the hurricane season, as well as expected wind and precipitation patterns. The expert does not anticipate any additional storms affecting the Gulf and highlighted the unusually quiet hurricane season to date, which has produced only one significant storm. Wind conditions in the United States are expected to benefit from a more southerly storm track, leading to stronger wind speeds, particularly in key wind-power generation regions. The outlook for Europe is less certain. On precipitation, the southern United States is expected to experience a wetter and stormier pattern, resulting in higher rainfall and improved water availability. Europe, by contrast, is expected to be both warmer and drier than average.<\/em><\/p>\n

US Weather Pattern For El Ni\u00f1o & La Ni\u00f1a Winter\u00a0<\/strong><\/p>\n

\"\u0438\u0437\u043e\u0431\u0440\u0430\u0436\u0435\u043d\u0438\u0435\"<\/strong><\/p>\n

Global El Ni\u00f1o Weather Pattern<\/strong><\/p>\n

\"\u0438\u0437\u043e\u0431\u0440\u0430\u0436\u0435\u043d\u0438\u0435\"<\/strong><\/p>\n

\u0421\u0432\u044f\u0437\u0430\u043d\u043d\u044b\u0439:<\/strong><\/p>\n