Europe’s benchmark natural gas prices rose in the early afternoon in Amsterdam as lower wind speeds across Europe are set to reduce wind power generation amid a massive heatwave in many parts of the continent. The front-month futures at the TTF hub, the benchmark for Europe’s gas trading, traded at $30.73 (27.48 euros) per megawatt-hour (MWh) as of 1:30 p.m. GMT on Thursday, rising by 1.9% on the day. As demand for gas from power plants increased and wind speeds slowed, demand for gas-fired power generation has grown over the past day.…
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