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TTF Highest Since Mid-April

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TTF Has climbed further on the day to reach its highest level since mid-April.

  • Front month is likely supported by higher cooling demand next week and low wind generation in NW Europe. This is in addition to ongoing outages in Norway due to maintenance.
  • Europe is expected to see its first hot spell of the summer next week which is likely to spur some electric demand for cooling according to according to Weather Services International.
  • TTF JUN 24 up 2.6% at 32.59€/MWh
  • TTF Q3 24 up 2.5% at 33.34€/MWh
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TTF Has climbed further on the day to reach its highest level since mid-April.

  • Front month is likely supported by higher cooling demand next week and low wind generation in NW Europe. This is in addition to ongoing outages in Norway due to maintenance.
  • Europe is expected to see its first hot spell of the summer next week which is likely to spur some electric demand for cooling according to according to Weather Services International.
  • TTF JUN 24 up 2.6% at 32.59€/MWh
  • TTF Q3 24 up 2.5% at 33.34€/MWh