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AlwaysFree: EU's Agency For The Cooperation Of Energy Regulators (ACER) Publishes First NWE LNG Price Assessment At 56.77 Euros/mwh

Author: SSESSMENTS

According to Reuters article published on January 19, 2023, the EU Agency for the Cooperation of Energy Regulators (ACER) published its first liquefied natural gas price assessment on Thursday for Northwest Europe at 56.77 euros per megawatt hour (MWh), data on ACER's website showed.

The price assessment is to be the first step in the EU's plan to launch a new European benchmark price for LNG, to which Europe is switching as a replacement for Russian pipeline gas.

ACER hoped to launch the assessment last Friday but did not have enough data from market participants to publish a price.

On Thursday ACER still did not have sufficient data to publish a price for Southern Europe LNG prices, the agency said.

Tags: AlwaysFree,English,Europe,Gas

Published on January 25, 2023 10:51 AM (GMT+8)
Last Updated on January 25, 2023 10:51 AM (GMT+8)