Short term

Last week, the gas price for the coming months decreased by about one euro to 33 €/MWh. CO2 for this year dropped nearly 3 euros to 71.4 €/EUA. Dutch power contracts for July and August fell by 6 and 5 euros respectively, to 67.6 and 72.3 €/MWh.
Solar generation was disappointing again last week. Wind speeds were slightly above climate averages. The Dutch spot price averaged 69.9 €/MWh.

Electricity (€/MWh)

Gas (€/MWh)

Note: Gas prices are listed in €/MWh (100 €/MWh is equal to 0.97694 €/Nm3, based on a conversion formula/factor 35.17 / 3600 = 0.0097694).

Lange termijn

Last week, Minister Jetten reported that the Dutch offshore targets between 2035 and 2040 are unlikely to be met. According to the National Energy System Plan, there should be about 35 GW of offshore wind capacity by 2035, and the goal was set for 40 GW of installed offshore power by 2040. Jetten stated that due to scarcity, the infrastructure cannot be realized on time.
The contracts for next year showed no surprising movements and also declined. TTF gas fell by one and a half euros to 36 €/MWh. CO2 closed nearly 3 euros lower at 74.4 €/EUA. Dutch electricity dropped by 5 euros to 87.2 €/MWh.

Weekly changes

Base (€/MWh)

Peak (€/MWh)

Gas (€/MWh)

Let op: de gasprijzen worden vermeld in €/MWh (100 €/MWh is 0,97694 €/Nm3, gebaseerd op een omrekenformule/factor 35,17 / 3600 = 0,0097694).

CO2 (€/EUA)

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