ICE Warns That The TTF Gas Market May Not Be Viable

Capt. John
Credits: Alvarez/Unsplash

According to a memo given to member states and obtained by the Financial Times on December 15, commodity exchange operator ICE warned of a risk to the TTF gas market’s viability if the EU moves forward with a price cap.

Risk management

The EU energy ministers will get together once more on December 19 to work out an agreement on a market correction mechanism that would control the price of TTF gas if it rose above a certain threshold.

The technique would be placed on...

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