Natural gas price
The wholesale price of natural gas is determined on the commodity exchange. In the European Union, the main benchmark is the price of natural gas traded at the virtual TTF trading hub, specifically the contract for delivery in the following month.
Exchange-traded natural gas prices are quoted in EUR/MWh (euros per megawatt-hour). One MWh of natural gas is equivalent to approximately 95 m3 of gas. Conversely, 1,000 m3 of natural gas corresponds to roughly 10.5 MWh.
The current natural gas price shown below is the wholesale price traded at the TTF hub. It represents the price of the front-month contract, which is the most actively traded contract and therefore provides the best indication of the current market value of natural gas in the European Union.
In 2026, the average daily price of the TTF benchmark contract is 44.64 EUR/MWh (1,081 CZK/MWh).
Previous price: 58.181 EUR/MWh
1.47 EUR/MWh
16.87 EUR/MWh
24.37 EUR/MWh
Natural gas price [EUR/MWh]
Recent price development
Natural gas price (Sep26)
31.07.2026
Natural gas price (Aug26)
30.07.2026
Natural gas price (Aug26)
29.07.2026
Natural gas price (Aug26)
28.07.2026
Natural gas price (Aug26)
27.07.2026
Natural gas price (Aug26)
24.07.2026
Natural gas price (Aug26)
23.07.2026
Natural gas price (Aug26)
22.07.2026
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Questions and answers
What is the current natural gas price on the exchange?
The current natural gas price on the exchange is 59.65 EUR/MWh (1,444 CZK/MWh) (as of 1. 8. 2026). This is the price at the TTF trading hub for delivery next month, which is considered the reference price in Europe. The contract delivered next year in the Czech Republic is also relevant for the Czech Republic; it currently has a price of 44.728 EUR/MWh (1,083 CZK/MWh).
How will the natural gas price develop?
The natural gas price outlook can be estimated from the price of forward (futures) contracts. The futures price of natural gas delivered in 2027 is 44.728 EUR/MWh (1,083 CZK/MWh) and in 2028 it is 32.543 EUR/MWh (788 CZK/MWh). Based on futures prices, gas prices therefore appear set to be substantially lower.
What determines the wholesale natural gas price?
The natural gas price on the exchange is affected by many factors โ besides supply and demand, it is influenced by the season and expected temperature, since gas consumption depends on heating demand. The amount of gas held in underground storage is also crucial for the gas price.
How many cubic metres (m3) is 1 MWh of gas?
The natural gas price is quoted in MWh (in Europe in EUR/MWh), not as a price per m3 (cubic metre). One MWh of natural gas is approximately 94.8 m3 of natural gas. Conversely, 1000 m3 of natural gas corresponds to about 10.5 MWh of natural gas.
The largest gas suppliers in the Czech Republic
Selected suppliers
innogy Energie, s.r.o.
Supply points: 1,056,416
ฤEZ Prodej, a.s.
Supply points: 596,577
Praลพskรก plynรกrenskรก, a.s.
Supply points: 352,461
E.ON Energie, a.s.
Supply points: 279,095
MND Energie a.s.
Supply points: 115,787
CENTROPOL ENERGY, a.s.
Supply points: 65,579
Praลพskรก energetika, a.s.
Supply points: 37,139