--- title: "EUROPE POWER-German year-ahead contracts edge up, tracking gas prices" type: "News" locale: "en" url: "https://longbridge.com/en/news/282980200.md" datetime: "2026-04-16T10:21:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282980200.md) - [en](https://longbridge.com/en/news/282980200.md) - [zh-HK](https://longbridge.com/zh-HK/news/282980200.md) --- # EUROPE POWER-German year-ahead contracts edge up, tracking gas prices April 16 - German forward power contracts edged up on Thursday, tracking gas prices, as markets monitored developments in the Middle East that would shape electricity prices in the near future. - Optimism grew on Thursday that the Iran war may be nearing its end, with a key Pakistani mediator in Tehran and the administration of President Donald Trump talking up hopes for a deal that would open the crucial Strait of Hormuz. - If there is a deal and a ceasefire agreement that holds, then we could see also lower oil and gas prices, Raiffeisen research analyst Aaron Alber said. - If not, we will see higher prices, he added. - The German year-ahead contract (TRDEBYc1) was up 0.8% at 88.4 euros per megawatt-hour at 0901 GMT. - The forward contracts tracked Dutch and British gas prices, which trimmed the previous session’s losses as the market awaited further updates on the Middle East peace talks. (NG/EU) - The forward French contract (TRFRBYc1) had a bid price of 53 euros. - On the spot side, German power contracts (TRDEBD1) fell by 2% to 109 euros/MWh, as consumption is expected to fall by 1.6 gigawatts on rising temperatures. - The equivalent French contract fell 2.1% to 70 euros/MWh. - French nuclear power availability remained flat at 81% of total capacity as the unplanned outage at the Civaux 2 nuclear reactor was pushed back one day to Thursday. (POWER/FR) ### Related Stocks - [OXY.US](https://longbridge.com/en/quote/OXY.US.md) - [BOIL.US](https://longbridge.com/en/quote/BOIL.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [IEZ.US](https://longbridge.com/en/quote/IEZ.US.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [VDE.US](https://longbridge.com/en/quote/VDE.US.md) - [DAX.US](https://longbridge.com/en/quote/DAX.US.md) - [UNG.US](https://longbridge.com/en/quote/UNG.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [LNGZ.US](https://longbridge.com/en/quote/LNGZ.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [FCG.US](https://longbridge.com/en/quote/FCG.US.md) - [UNL.US](https://longbridge.com/en/quote/UNL.US.md) - [OPUSD.VAHK](https://longbridge.com/en/quote/OPUSD.VAHK.md) ## Related News & Research - [Colder US Weather Forecasts Lift Nat-Gas Prices](https://longbridge.com/en/news/284260732.md) - [The 'age of electricity' is here. No one knows what comes next.](https://longbridge.com/en/news/283790554.md) - [Trump Says He Has 'All The Cards' As Iran Talks Halt: Brent Crude Jumps To $107, Dow Futures Slip 52 Points](https://longbridge.com/en/news/284152025.md) - [Stocks may be missing this looming danger in the oil market](https://longbridge.com/en/news/284632891.md) - [Oil prices extend gains as US-Iran war deadlock keeps supply off market](https://longbridge.com/en/news/284668164.md)