1Komma5 says European wholesale gas hits EUR 68.57/MWh, risking sharp household heating cost increases - XLE News | Rallies1Komma5 says European wholesale gas hits EUR 68.57/MWh, risking sharp household heating cost increases
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XLE• Wholesale gas surge lifts household heating cost estimates
- 1Komma5 market analysis flagged a surge in European wholesale gas, with Dutch TTF front-month at EUR 68.57/MWh on Aug. 24, 2026.
- The price was more than double EUR 31.56/MWh a year earlier, returning to levels last seen in January 2023.
- Modelled pass-through lifted a new household gas tariff to 14.02 euro cents/kWh from 9.62 euro cents/kWh.
- The annual bill for 18,000 kWh consumption rose to EUR 2,524 from EUR 1,732, implying EUR 792 in extra costs.
- End-user impact was likely to lag because of supplier hedging, but the risk increased if elevated wholesale prices persisted into the heating season.
NVDA
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