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Prices currently know only one direction: upwards. (Image: Danske Commodities)
Berlin (energate) - After Russia announced that it would curb its gas deliveries to only 20 per cent of Nord Stream capacity, prices shot up. At the German trading point THE, the day-ahead already climbed to 178 euros/MWh on Monday afternoon - around 20 euros more than last Friday. "We are in the middle of a merciless economic war and it cannot be ruled out that gas flows will stop altogether in the next few weeks," Joachim Endress of Ganexo classified in the
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