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Vitality: households nonetheless don’t see the impact of decrease costs on payments

Vitality: households nonetheless don’t see the impact of decrease costs on payments

In October, the typical value of affords on the Belgian market was shut to six,000 euros for fuel and electrical energy.


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Journalist within the Financial system division

Studying time: 4 minutes

De endurance: that is what shoppers might want to see the impact of the sharp drop in costs on the power markets on their payments. As we all know, because the peak on the finish of August, fuel costs have taken the plunge: the TTF, the European benchmark, is presently crusing round 100 euros/MWh – a ground on which it has been bouncing because the begin of the week. –, towards a document of almost 350 euros reached two months in the past. These are costs for supply on the finish of 1 month. However the “spot” market – for instant supply – which nonetheless quoted 200 euros/MWh on the finish of September, fell again to 22 euros on Monday, even making a short foray into adverse territory that day. The explanation: the present gentle temperatures, the excessive filling stage of European shares (94% on common, 100% in Belgium, Germany or France) and… the ample provide of liquefied pure fuel.


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