The price of natural gas drops 6.51% to close at 216 euro/MWh

this natural gas TTF for next month delivery It fell 6.51% this Wednesday to 216 euros per megawatt hour (MWh).In the Dutch market, the European Commission (EC) explains some measures to intervene in the electricity market.

The price of natural gas fluctuated between a maximum of 237.75 euros/MWh at noon and a minimum of 206.5 euros just before the close, according to market data in this session.

Community Manager Ursula von der Leyen announced today some of the measures Brussels is working on to intervene in the electricity market: saving money during peak consumption hours, taxing utility companies’ benefits, and the price of Russian gas and energy produced from renewable sources.

This Friday, the energy ministers of the European Union (EU) will meet to discuss the measures proposed by the Commission.

A year ago, a megawatt hour was paid for 55.3 euros.

Source: Informacion

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