TREE NEWS reports: ICE UK natural gas futures closed up 2.66% at 195.800 pence per therm in late European trading on Friday, September 18, gaining 1.28% for the week. Dutch TTF benchmark gas futures rose 0.52% to 79.012 euros per megawatt-hour, down 1.38% on the week. ICE EU carbon allowance futures gained 0.90% to 86.25 euros per tonne, up 1.49% for the week.
UK natural gas futures rise 2.66% to 195.8 pence/therm
The divergence matters more than the headline move: UK gas ended the week higher while the Dutch TTF benchmark finished lower, a split that points to UK-specific tightness rather than a broad European supply shift. Carbon allowances also firmed on the week, keeping the cost floor for gas-fired generation in view. Whether that UK premium persists or converges back toward TTF is the open question worth tracking.
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