market · pivotal
Dutch TTF gas front-month closes at record €338/MWh
26 August 2022 → 26 August 2022
Dutch TTF front-month gas settled at €338.07/MWh on 26 Aug 2022 — the all-time European wholesale gas record. Intraday peak ~€343. Eight times the long-run average. Drove the £3,549 UK Oct 2022 cap and Energy Price Guarantee. Fell below €100/MWh by Q2 2023.
Affected fuels: gas
Countries: EU, GB, DE, NL
Sources
- www.iea.org(accessed 2026-04-26)
- www.esm.europa.eu(accessed 2026-04-26)