Cost of Living
Gas in Europe exceeds 90 euros, up more than 200% this year
Natural gas prices reached over 90 euros per megawatt-hour (MWh) on 20 October, a rise of more than 210% since the start of the year. Market experts attribute the surge to low storage levels and geopolitical tensions in the Middle East, with prices potentially hitting 100 euros/MWh if winter temperatures are low.
Why it matters
As this price increase is already impacting electricity costs, you should expect potential rises in your household energy bills as the winter season approaches.ObservadorRead original ↗
