Montenegro: EPCG to launch...

According to Milutin Djukanovic, the Chairman of the Board of Directors at Montenegrin...

Hungary: Paks nuclear power...

Hungary's only nuclear power plant, Paks, operated by the state-owned energy company MVM,...

Croatia forms working group...

The Croatian Ministry of Economy has formed a working group on nuclear energy,...

Bulgaria: TPP Maritsa East...

State-owned thermal power plant Maritsa East 2 reported a remarkable surge in electricity...
Supported byClarion Energy banner
HomeUncategorizedEurope: TTF gas...

Europe: TTF gas futures reached weekly maximum price of 35.3 euros/MWh

According to AleaSoft Energy Forecasting, for TTF gas futures in the ICE market for the FrontMonth, on Monday, June 17, the settlement price was €34.21/MWh, 3.3% lower than the last session of the previous week. Prices recovered on Tuesday and Wednesday. On Wednesday, June 19, these futures registered their weekly maximum settlement price, €35.34/MWh. In the last sessions of the week, prices fell again. On Friday, June 21, they registered the weekly minimum settlement price, €33.94/MWh.

According to data analyzed at AleaSoft Energy Forecasting, this price was 4.0% lower than the previous Friday. In the third week of June, the average settlement price was 1.3% lower than the previous week.

In the third week of June, despite supply concerns, high levels of European gas reserves exerted their downward influence on TTF gas futures prices. At the end of the week, news of the restart of production at an Australian liquefied natural gas export plant also contributed to this behavior.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: EU considers gas price cap amid rising costs and industry concerns

The European Union is considering new measures to temporarily cap natural gas prices, which have recently reached record highs compared to those in the United States. This week, European gas prices hit their highest levels in over two years,...

Europe: Natural gas prices surge to 18-month high amid depleting inventories and supply concerns

European natural gas prices have surged to an 18-month high, driven by fast-depleting gas inventories and concerns about future supply. In the first week of February 2025, TTF gas futures for March delivery rose significantly, surpassing €52/MWh. On Tuesday,...

Romania: Natural gas prices surge to highest level since December 2022

On 10 February, natural gas prices on Romania's day-ahead market, operated by the Romanian Commodity Exchange (BRM), spiked to over 90 euros/MWh, reaching the highest level since December 2022. The surge also saw a two-year record for transaction volume,...
Supported bySEE Mining News
error: Content is protected !!