DayFR Euro

how much does gas cost this Tuesday December 24, 2024?

The EEX PEG (Gas Exchange Point) quotation for future gases is a crucial indicator for European energy markets, particularly in . This regulated market provides a trading platform for natural gas futures contracts, allowing market participants to buy and sell future gas deliveries at fixed prices. This rating is essential to protect against price fluctuations, providing visibility and predictability on future energy costs.

Current Quotes and Price Analysis

As of December 23, 2024, price variations of EEX PEG contracts for monthly (M+1), quarterly (Q+1), and annual (Y+1) delivery times are on the agenda.

Monthly Contracts (M+1)

  • Prix : 45.032 €/MWh
  • Evolution : Down 7% compared to December 2, 2024.
  • Fluctuation of the Last 30 Days : Prices varied between €40.31 and €48,253.

These fluctuations demonstrate the common volatility of gas prices, influenced by factors such as weather, gas infrastructure, and supply/demand dynamics.

Quarterly Contracts (Q+1)

  • Prix : 45.041 €/MWh
  • Evolution : Down 6% compared to December 2, 2024.

This drop reflects market expectations of a relaxation in demand or an increase in supply for the following quarter.

Annual Contracts (Y+1)

  • Prix : 44.02 €/MWh
  • Evolution : Down 4% compared to December 2, 2024.

In the long term, investors anticipate a stabilization or even a fall in prices which could be influenced by a transition to renewable energies and additional gas supply.

Perspectives et Conclusion

The downward trend in prices indicated by the quotes of different types of contracts could offer opportunities for energy consumers in terms of cost management. Businesses and households can benefit from this predictability to structure their energy budgets more efficiently.

Furthermore, this trend may be an indicator of structural changes in the European energy market, including the transition to more sustainable energy sources and better infrastructure optimization. However, it is crucial to keep in mind that market conditions can change rapidly, influenced by many exogenous factors. Therefore, regularly monitoring market updates is essential to adjust purchasing and risk management strategies accordingly.

Contract Type Prix (€/MWh) Evolution Fluctuation (Last 30 Days)
Monthly (M+1) 45.032 Decrease of 7% since December 2, 2024 40.31 € – 48.253 €
Quarterly (Q+1) 45.041 Decrease of 6% since December 2, 2024 N/A
Annual (Y+1) 44.02 Decrease of 4% since December 2, 2024 N/A
-

Related News :