France natural gas spot price: PEG
France natural gas spot price: PEG stood at 61.34 EUR per MWh in Aug 2026, according to SDES – Service des données et études statistiques (Ministère de la Transition écologique). It is one of the indicators in the Energy prices table (Value · Monthly), with a complete series running from Jan 2011 to Aug 2026. The complete series with an interactive chart, free to download.
This indicator in the Energy prices table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Wholesale energy prices | |||||||||||
| Natural gas spot price, PEG France | 61.34 | 53.92 | 44.17 | 46.34 | 44.29 | 52.57 | 30.86 | 33.83 | 26.58 | 29.39 | |
| Natural gas spot price, NBP London | 60.3 | 51.81 | 43.19 | 46.32 | 43.71 | 51.83 | 31.13 | 35.4 | 27.69 | 29.51 |
Understanding france natural gas spot price: PEG
Natural gas spot market prices at the domestic virtual trading point measure wholesale daily and monthly balancing transactions in euros per megawatt-hour. This hub-specific benchmark reflects immediate supply availability, storage inventory levels, and pipeline nomination constraints, excluding retail supply markups, distribution network tariffs, and consumption taxes. The calculation aggregates cleared trades across the national virtual trading zone.
Evaluating this spot gas series requires accounting for intense seasonal heating demand cycles and liquefied natural gas import terminal sendout rates. Month-on-month comparisons often distort underlying trends due to weather anomalies, rendering year-on-year analysis more reliable for assessing structural energy inflation. Revisions to spot index values are minimal once daily market clearing sessions close.
Frequently asked questions
- What is represented by the virtual trading point designation?
- It indicates the centralized market hub where title to natural gas is transferred without physical delivery constraints.
- Are retail distribution charges embedded in these wholesale figures?
- No, wholesale spot prices exclude local pipeline distribution tariffs and end-user taxes.
- How do weather shifts impact the gas spot market?
- Cold temperatures drive immediate residential heating demand spikes, causing sharp short-term price movements.