European gas prices hit a two-year high on Monday as colder weather boosted demand, accelerating withdrawals from the region’s fast-depleting storage facilities. Futures on the European benchmark TTF in Amsterdam rose as much as 4.5 per cent to €58.50 per megawatt hour, the highest level since February 2023. In the UK, the front-month contract rose a similar amount to as much as 142.20p/therm, also a two-year high. A prolonged period of colder weather across north-west Europe is typically expected to … read more »
The post Gas Prices appeared first on No2NuclearPower.
