Energy: why the price of gas is breaking records in Europe

Decoding

Pread 300%… Since March of this year, the price of natural gas in Europe has quadrupled! This Tuesday, the market benchmark (the one-month “Dutch TTF” contract) was worth more than 66.7 euros / MWh, against 16.3 euros six and a half months ago. A record! Since the beginning of September alone, the increase is over 30%. And 9% on the only session on Tuesday! A crazy surge like we had never seen before, and which is reflected directly in the invoice of the Belgian consumer (see opposite).

.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.