On the main gas exchange in Amsterdam, the price per megawatt hour rose some 10% on Friday to exceed 67 euros. Just a few days ago the price was below 55 euros. However, we are still far from last year’s peak. When Russia largely shut off the gas tap last summer, gas prices soared to nearly 350 euros per megawatt hour.
Mild weather at the start of winter, however, has kept gas reserves well supplied so far.
