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European Union energy ministers have agreed a gas price cap to try to lower gas prices that have pushed energy bills higher and driven record-high inflation this year after Russia cut off most of...
Germany in position to secure more Russian gas via Nord Stream 2 amidst European gas and electricity crisis
<p><span>On Friday, 1 October, the European Energy Exchange (EEX) introduced its gas contracts on Trading Hub Europe (THE), the new nationwide German gas market area. A total of 5.5 TWh were traded the first day in both Spot and Futures markets.</span></p>
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Germany launched a nationwide gas market trading hub, Trading Hub Europe (THE), on Friday after merging its two existing hubs to boost liquidity and simplify administration.