Gas prices continued to decline
Short term:
Gas prices continued to decline last week, with prices for the coming months dropping by approximately 3 euros to 44 €/MWh. CO2 prices also continued their downward trend, with the December contract falling by around 3 euros to close at 71 €/EUA.
As expected, Dutch power forwards also declined. The exception was March, which closed more than 8 euros higher at 93.9 €/MWh. April and May fell by nearly 3 and 5 euros, closing at 76.5 and 67.1 €/MWh, respectively.
Electricity (€/MWh)
Gas (€/MWh)
long term:
The Dutch power price for 2026 remained relatively stable, closing at 82.6 €/MWh by the end of the week. TTF dropped by 1.5 euros, settling at 36.9 €/MWh. CO2 became 3 euros cheaper, closing at 73 €/EUA. The clean spark spread improved by just under 4 euros, reaching -14 €/MWh.
Weekly changes
Base (€/MWh)
Peak (€/MWh)
Gas (€/MWh)
CO2 (€/MWh)
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