Factors for Rising Natural Gas Prices
Natural gas prices could rise significantly again soon, despite a short-term relaxation in the market. Several factors contribute to this development:
1. CO2 Price and Network Fees
- The CO2 price will increase from 45 euros to 55 euros per ton starting in 2025, raising the costs for natural gas.
- The network fees have increased at the beginning of 2025, and many energy suppliers have announced that they will pass these higher costs onto consumers.
2. Gas Storage Levy
The gas storage levy increases the price of gas by 19.6%, which also leads to higher prices for consumers.
3. Geopolitical Tensions and Market Fluctuations
- Europe’s ability to secure alternative gas supply sources is crucial for future price developments.
- Global purchasing prices are influenced by geopolitical tensions, making prices continue to be volatile.
4. Infrastructure Costs
Changed depreciation rules for network operators lead to higher infrastructure costs that are reflected in the prices.
Potential Shortages and Measures
- Experts warn of potential shortages, especially if Europe is unable to secure sufficient alternative supply sources.
- To mitigate these risks, it is crucial that Europe secures new supply sources and promotes the diversification of energy supply.
Current Price Development
The current price for a kilowatt-hour of natural gas is about 9.4 cents for new customers at affordable providers. Prices could rise by an average of 25% in the coming months as many suppliers will pass on the higher network fees and CO2 prices to consumers.
Consumer Recommendations
- Consumers should inform themselves about potential price increases and consider switching providers, as they have a right to cancel if prices increase.
- It is recommended to check comparison portals and the providers’ websites for offers and to read customer reviews.