Near-term fundamentals have improved the supply/demand outlook :

• Milder weather 
• Improved wind performance 
• Stronger LNG flows

Traders also focused on news that Bulgaria and Hungary found a way to avoid paying Russia for continued pipeline supply.

As we approach the Christmas holiday season, temperatures across Northwest Europe are expected to be around 4 degrees Celsius above the seasonal normal.

With reduced market liquidity as some participants close trading books ahead of year-end, we expect further short-term price volatility across green gas and PPA markets.

We are working until the afternoon of the 24th, but contracting anything that day may be tricky!

NSR PPA and Green Gas Markets Update

• Green Gas down 2.75