gas price Archives - Balancing Energy

Romania plans gradual gas price cap phase-out to ensure market stability

Romanian authorities are preparing a contingency plan for the gas market to ensure a smooth transition when regulated pricing ends, in case unexpected disruptions occur. Energy Minister Bogdan Ivan stated that the government is considering a phased approach to removing the gas price cap rather than eliminating it abruptly. The matter was discussed at a […]

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Europe: TTF gas futures exceeded 34 euros/MWh in week 21

Accordin to AleaSoft Energy Forecasting, TTF gas futures in the ICE market for the FrontMonth, in the fourth week of May continued with the price increases initiated in the last sessions of the previous week. On Monday, May 20, they registered their weekly minimum settlement price, €31.77/MWh, which was already 7.4% higher than the previous Monday.

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Europe: TTF gas futures reached the weekly maximum of 32.1 euros/MWh

According to AleaSoft Energy Forecasting, TTF gas futures in the ICE market for the FrontMonth, on Monday, May 6, reached their weekly maximum settlement price, €32.14/MWh. According to data analyzed at AleaSoft Energy Forecasting, this price was 15% higher than the previous Monday and the highest since April 19. Subsequently, settlement prices declined, but they

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