DUTCH TTF GAS
ICE Endex TTF futures. European gas benchmark — the continent's marginal energy price setter.
479 daily data points from 2010-01-01 to 2026-05-02.
Current€45.77/MWh
Change+1.7%
All-Time High€214.66/MWh (2022-08-01)
All-Time Low€1.70/MWh (2016-03-01)
2019 Avg€14.00/MWh
Data Points479
ALL-TIME (2010–2026)
Full history. Dashed line = 2019 average (€14.00/MWh).
   193 ┤                    ╭─╮                                               
   181 ┤                    │ │                                               
   170 ┤                    │ │                                               
   159 ┤                    │ │                                               
   148 ┤                    │ │                                               
   136 ┤                    │ │                                               
   125 ┤                    │ │                                               
   114 ┤                    │ │                                               
   103 ┤                    │ │                                               
    92 ┤                    │ │                                               
    80 ┤                    │ │                                               
    69 ┤                    │ │                                               
    58 ┤                    │ │  ╭╮                                    ╭──╮   
    47 ┤                   ╭╯ │╭╮│╰╮                                 ╭─╯  ╰───  now
    36 ┤                   │  ╰╯╰╯ ╰────────────────────────╮   ╭────╯        
    24 ┤                  ╭╯                                ╰───╯             
    13 ┤─ ─ ─ ─ ─ ─ ─ ─╭─╮│ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─   baseline
     2 ┤───────────────╯ ╰╯                                                   
       └──────────────────────────────────────────────────────────────────────
        2010-01                            2025-06                     2026-05
1-YEAR
    59 ┤                                                           ╭╮         
    57 ┤                                                           ││ ╭─╮     
    54 ┤                                                        ╭╮ │╰╮│ │     
    52 ┤                                                        ││╭╯ ││ │     
    49 ┤                                                       ╭╯╰╯  ╰╯ │     
    47 ┤                                                       │        │   ╭─  now
    44 ┤                                                       │        ╰╮╭─╯ 
    42 ┤                                                       │         ││   
    39 ┤       ╭╮                                       ╭─╮    │         ╰╯   
    37 ┤  ╭─╮╭─╯╰╮  ╭╮                                 ╭╯ │    │              
    34 ┤──╯ ╰╯   ╰──╯╰╮╭─╮  ╭╮ ╭╮   ╭╮                 │  ╰╮   │              
    32 ┤              ╰╯ ╰──╯╰─╯╰───╯╰───────╮        ╭╯   ╰───╯              
    29 ┤                                     ╰─╮  ╭───╯                       
    27 ┤                                       ╰──╯                           
       └──────────────────────────────────────────────────────────────────────
        2025-05                            2025-11                     2026-05
CONTEXT
TTF (Title Transfer Facility) is the primary European natural gas benchmark.
Europe imports ~85% of its gas. Key suppliers: Norway (pipeline), US/Qatar/Algeria (LNG).
Qatar LNG transits Hormuz — ~15% of European LNG supply at risk in closure scenario.
Hormuz disruption → Qatar LNG offline → TTF spikes → electricity prices across EU surge.

Key levels:
2019 pre-crisis avg: ~€14/MWh (normal market)
2021 energy crisis: €93/MWh (Sep 2021, gas squeeze begins)
2022 Ukraine/Nord Stream peak: €214/MWh (Aug 2022) — 15x above 2019
2023 normalization: €30-50/MWh (storage full, demand down)
2024 new normal: €25-50/MWh
Current Hormuz crisis: trending up from €30→€62/MWh

EU gas storage mandate (90% by Nov 1) provides ~3 months buffer.
TTF drives electricity prices in most EU markets — a €10/MWh gas move ≈ €20-25/MWh power move.
Source: Yahoo Finance (TTF=F) / ICE Endex. Monthly 2019–2025, daily from March 2025.
Updated daily. 479 data points since 2010-01-01.
LinkedIn · rmn [at] project45.pl
If you find errors, want to suggest additions, or have data that should be here — write me.