TTF gas prices push European power prices higher

TTF gas prices, API 2 coal prices, Brent crude oil and EU CO₂ prices in European energy markets during July 2026

TTF gas prices continued to shape Europe’s electricity markets during the third week of July as rising gas and CO₂ costs combined with lower renewable output to push wholesale power prices sharply higher. Most major European markets recorded weekly average prices above €110/MWh, highlighting how fuel costs and weather conditions continue to drive short-term price movements across the region’s interconnected […]

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