Natural gas prices in Europe doubled since the start of the year, storage facilities insufficiently filled
Summary
Natural gas prices on the European market rose about 120 percent since the start of the year, reaching around 63.7 euros per megawatt-hour in mid-August. Heat waves and record temperatures increase electricity demand, forcing gas-fired plants to compensate for reduced nuclear and hydroelectric production precisely when storage should be filling, leaving facilities at only 57 percent capacity in early August—the lowest level at that time of year.
This summary was written by a language model from the 3 sources listed below.
Extract from the source
Cene prirodnog gasa u Evropi su od početka godine porasle za oko 120 odsto, a uz nizak nivo zaliha u skladištima i rizike od poremećaja
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Sources (3)
- 02:22 PMN1 SrbijaOpen the original ↗
- 02:40 PMDanasOpen the original ↗
- 02:50 PMN1 HrvatskaOpen the original ↗
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