Rising TTF gas prices push European power prices higher

TTF gas prices and CO₂ prices rising alongside European power market cost pressures

TTF gas prices rose during the third week of January, increasing fuel costs for gas-fired power generation and placing upward pressure on European electricity market prices. Higher gas prices directly lifted marginal generation costs in gas-dependent power systems, while rising CO₂ prices added further cost pressure on fossil-based generation. The combined increase in gas and carbon prices reinforced the close […]

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