A gas compressor station in Baumgarten. (OMV)
Hub prices and import costs are showing further signs of convergence across Europe, but many pipelines remain underused despite a steady increase in gas demand.
The maximum difference between EU member states for supply costs has fallen to below €3.5/MWh ($1.2/MMBtu) and in most cases is below €1.0/MWh, the Agency for the Cooperation of Energy Regulators (ACER) said in its annual market monitoring report published last week. Two years ago, spreads of €5.0/MWh were common, ACER noted.
Further implementation of the EU’s network codes...
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