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Electricity and gas prices break all records again


theme image © Hollandse Hoogte / Jordi Huisman

Record prices will be paid for electricity and natural gas in the wholesale markets once again on Thursday.

jvhSource: BELGIAN

The price for electricity supply in November has risen to 207 euros/MWh for Belgium. According to trader Matthias Detremmerie from supplier Elindus, this is a record for our country. The gas price also breaks record after record. The Dutch TTF-Future, a reference price for natural gas, will add more than 7 percent on Thursday morning. Natural gas now costs almost 94 euros/MWh, also a record.

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A slightly colder-than-expected outlook combined with tight supplies, expensive emissions rights and expensive raw materials such as coal and oil have pushed energy prices to record highs for weeks.

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