The EEX (European Energy Exchange) PEG (Gas Exchange Point) rating is a key metric for those interested in energy markets, particularly natural gas. It provides an overview of gas futures prices, which are essential for businesses and investors looking to manage their risks and predict future energy costs.
Simply put, the EEX PEG quote for future gas represents the prices at which gas can be bought or sold at a future date in the market. This allows companies to hedge against variations in spot gas prices by setting a price today for future delivery.
PEG Price for Futures Contracts
Monthly Contracts (M+1)
For January 2025, the M+1 contract was set at a price of €46,304/MWh as of January 19, 2025. This price saw a slight drop of 7% compared to the start of the month (01/02/2025), where the The price oscillated between a minimum of €44,607/MWh and a maximum of €49.9/MWh observed on January 10.
Quarterly Contracts (Q+1)
For the second quarter of 2025, the Q+1 contract indicates a price of €46,503/MWh. Since January 13, 2025, this price has decreased by 5%. Over three months, prices fluctuated between €37.47/MWh and €49,115/MWh.
-Annual Contracts (Y+1)
Regarding the annual contract for 2025, the Y+1 price stands at €39,282/MWh as of January 19. Over a full year, prices saw a slight drop of one percent. The price range is between €26,074/MWh and €39,823/MWh, with the peak observed on February 23, 2024.
Impact on Businesses
Price variations in the PEG market represent a significant challenge for companies whose energy costs are directly linked to gas prices. One strategy could be to engage in fixed-price contracts to avoid unexpected fluctuations, or to opt for indexed contracts to potentially benefit from price drops. However, this requires constant attention and responsiveness to changes in energy prices.
In conclusion, the EEX PEG quote provides valuable visibility into the gas futures market and allows market participants to better plan and manage their energy strategies. Current M+1, Q+1 and Y+1 contract prices provide options for companies to optimize their costs based on their risk appetite and ability to navigate changes in the gas market.
| Contract Type | Date | Prix (€ / MWh) | Variation (%) | Price range (min-max) (€ / MWh) | Peak Date |
|---|---|---|---|---|---|
| Monthly Contracts (M+1) | January 2025 | 46.304 | -7% | 44.607 – 49.9 | January 10, 2025 |
| Quarterly Contracts (Q+1) | Second quarter 2025 | 46.503 | -5% | 37.47 – 49.115 | N/A |
| Annual Contracts (Y+1) | 2025 | 39.282 | -1% | 26.074 – 39.823 | February 23, 2024 |
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