The listing of future gases on the European Energy Exchange (EEX) for the Gas Exchange Point (PEG) is an essential indicator for players in the wholesale natural gas market. The PEG market ensures liquidity and transparency of transactions, allowing a balance between energy supply and demand in Europe. Futures prices allow businesses and investors to protect themselves against gas price fluctuations, providing some predictability in their energy budget.
Quotation and Price Evolution as of December 18, 2024
Contrats M+1 (Monthly Ahead)
- Current price: 41.009 €/MWh
- Recent variations: During the last 30 days, the price has oscillated between €40.31/MWh and €48,253/MWh. This fluctuation represents a reduction of 15% compared to the previous quotation.
Contrats Q+1 (Quarterly Ahead)
- Current price: 40.669 €/MWh
- Recent variations: The price has shown a range of change between €36,166/MWh and €48,054/MWh over the past three months, reflecting a 15% decline since December 2, 2024.
Contrats Y+1 (Year Ahead)
- Current price: 40.087 €/MWh
- Recent variations: Over a period of 12 months, the price varied from 26,616 €/MWh to 45.65 €/MWh, recording a decrease of 12% since the beginning of December 2024.
Overview of PEG Gas Futures
The monthly, quarterly and annual futures obtained as of December 18, 2024, demonstrate the forecasts and hedging strategy available on the market:
Monthly Futures
- January 2025: 40.725 €/MWh
- February 2025: 41.009 €/MWh
- Mars 2025: 40.305 €/MWh
- Avril 2025: 40.721 €/MWh
- May 2025: 40.62 €/MWh
- June 2025: 40.043 €/MWh
- December 2024: 45.901 €/MWh
Future Quarterly
- 1st quarter 2025: 40.669 €/MWh
- 2nd quarter 2025: 40.463 €/MWh
- 3rd quarter 2025: 40.334 €/MWh
- 4th quarter 2025: 38.90 €/MWh
- 1st quarter 2026: 37.464 €/MWh
- 2nd quarter 2026: 33.40 €/MWh
- 4th quarter 2026: 33.092 €/MWh
Future Annuals
- Year 2025: 40.087 €/MWh
- Year 2026: 34.31 €/MWh
- Year 2027: 29.129 €/MWh
- Year 2028: 25.182 €/MWh
Conclusion
PEG gas prices have shown a downward trend in recent weeks. Futures, which reveal market expectations, highlight the impact of numerous market traumatic factors, including economic dynamics and globalized geopolitical events. This data is essential for companies and economic actors planning purchasing strategies based on the wholesale gas market. This ensures effective management of energy costs and adequate forward planning in the face of price volatility.
| Contract Type | Current Price (€ / MWh) | Recent Variations |
| Contrats M+1 (Monthly Ahead) | 41.009 | Oscillation between 40.31 and 48.253 (15% reduction) |
| Contrats Q+1 (Quarterly Ahead) | 40.669 | Oscillation between 36,166 and 48,054 (15% drop since December 2, 2024) |
| Contrats Y+1 (Year Ahead) | 40.087 | Oscillation between 26.616 and 45.65 (Decrease of 12% since the beginning of December 2024) |
| Future Monthly | Prix (€ / MWh) |
| January 2025 | 40.725 |
| February 2025 | 41.009 |
| Mars 2025 | 40.305 |
| Avril 2025 | 40.721 |
| May 2025 | 40.62 |
| June 2025 | 40.043 |
| December 2024 | 45.901 |
| Future Quarterly | Prix (€ / MWh) |
| 1st quarter 2025 | 40.669 |
| 2nd quarter 2025 | 40.463 |
| 3rd quarter 2025 | 40.334 |
| 4th quarter 2025 | 38.90 |
| 1st quarter 2026 | 37.464 |
| 2nd quarter 2026 | 33.40 |
| 4th quarter 2026 | 33.092 |
| Annual Future | Prix (€ / MWh) |
| Year 2025 | 40.087 |
| Year 2026 | 34.31 |
| Year 2027 | 29.129 |
| Year 2028 | 25.182 |
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