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Seb Kennedy's picture
Founding Editor, Energy Flux newsletter

I am professional energy journalist, writer and editor who has been chronicling the renewables and fossil fuel energy sectors since 2008.  I am passionate about the energy transition, so much so...

  • Member since 2020
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  • Oct 25, 2022
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The European spot price for gas dipped into negative territory yesterday. Yes, you read that right: natural gas, that prized energy commodity that Russia has weaponised in its economic war with Europe, was for a moment less than worthless. What was that about scarcity pricing? Rejoice, crisis averted! Right?

Not quite. It’s a lot more complex than that. The spot (hour-ahead) price of gas traded on Dutch gas hub TTF briefly dipped below zero on Monday, before quickly rebounding into the black:

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