Russia gas dispute hits European markets

Day ahead prices at Germany's EGT hub have risen 20% from 22.7 to 27.3 euros per megawatt hour since Monday. While cold weather was the main factor at play on short term prices, market participants say that the Russia / Ukraine dispute is now clearly affecting both short and medium term prices.

On Tuesday EGT hub contracts for February delivery jumped from 21.7 to 23.5 euros per megawatt hour and have stayed around that level on Wednesday following the complete Ukrainian transit shut off, accord

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: