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Warm Autumn Pushes Gas Price Down Further | Energy prices

On the main Dutch futures market, the price for a megawatt-hour supply of natural gas in November fell four percent to € 122 in November. These are the lowest prices since June.

This has everything to do with the temperatures, which are higher than normal during this period. Mild temperatures should last for another two weeks. European gas reserves have also been well replenished.

Today the European Commission introduces an energy package to counter price peaks such as those of recent months. On Thursday and Friday there will be a European summit, during which, according to Prime Minister Alexander De Croo (Open Vld), a fundamental decision must be taken on measures to better control energy prices and protect families and businesses. “Europe is facing the week of truth. It is up or down. The time for apologies is over “. De Croo said yesterday over the top.

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