European benchmark natural gas prices briefly cross €100 per megawatt hour for the first time since the December 2022 period, according to multiple outlets. The move is described as tied to ongoing supply tightness ahead of winter.
RTE and Euronews link the higher price to disruptions affecting liquefied natural gas shipments, leaving markets with less available supply. Euronews also places the development alongside a fresh warning from EU Energy Commissioner Dan Jørgensen that Europe faces the risk of another energy crisis and a difficult winter.
Vanguard provides broader context by comparing the current level with the far higher peaks of the 2022 energy crisis, when prices reached €345/MWh in March following Russia’s invasion of Ukraine. Across the reports, the shared focus is the significance of €100/MWh as a threshold and what it signals about tightening conditions for the months ahead.
