Quote:
Originally Posted by joglynne
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FT says
https://www.ft.com/content/ba8f7a30-...1-40de771e77fb
Quote:
European natural gas prices fell back into their normal trading range for the first time since the start of the energy crisis on Thursday, falling below €30 per megawatt hour to reach the lowest level since June 2021.
The price of benchmark TTF fell as low as €29.75/mwh, down more than 8 per cent on the day,
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Gas was free during the night few days ago. Octopus said the price of gas cannot go negative, but electricity can go negative (several times octopus paid us to use electricity)
The wholesale price is 2.19p today and the consumers pay 11p. Octopus tracker is 3.8p, most consumers pay 300% more.