Short term
Last week, the average Dutch spot price was 80 €/MWh. Midweek, wind speeds increased significantly in both the Netherlands and Germany, leading to a substantial amount of renewable generation. On Sunday, there was another brief surge in wind power production. In the afternoon hours, prices dropped to around 0 €/MWh, prompting some offshore wind farms to curtail their production on a day-ahead basis.
Gas prices remained below 40 €/MWh, with prices dropping by nearly 1 euro by the end of the week. For example, the November contract closed 70 cents lower at 39.2 €/MWh. Coal prices also fell by around 2 euros, with the November delivery contract closing at 107.5 €/Ton. CO2 prices dropped by 2 euros, settling at 62.3 €/MWh.
Dutch power forwards for the coming months also declined. The November contract became almost 3 euros cheaper, closing at 89 €/MWh, while the December contract fell by 5 euros to 89.3 €/MWh.
Additionally, last week, the Netherlands joined the PICASSO platform, allowing balancing services from neighboring countries to help maintain balance on the Dutch grid.
Electricity (€/MWh)
Gas (€/MWh)
Note: Gas prices are listed in €/MWh (100 €/MWh is equal to 0.97694 €/Nm3, based on a conversion formula/factor 35.17 / 3600 = 0.0097694).
Long term
The Dutch power forward for 2025 dropped by nearly 3 euros to 84.8 €/MWh. Gas prices fell by 70 cents to 38.6 €/MWh, while CO2 prices decreased by 2.5 euros to 64.2 €/EUA. The clean spark spread worsened by half a euro, reaching approximately -7.4 €/MWh.
Weekly changes
Base (€/MWh)
Peak (€/MWh)
Gas (€/MWh)
Let op: de gasprijzen worden vermeld in €/MWh (100 €/MWh is 0,97694 €/Nm3, gebaseerd op een omrekenformule/factor 35,17 / 3600 = 0,0097694).
CO2 (€/EUA)
Benieuwd wat deze informatie kan betekenen voor uw bedrijf?
"*" indicates required fields
