DM BOŚ assumes an increase in gas price in the retail tariff by approx. 4.7% from 2022. The weighted average price of natural gas on the Polish Power Exchange (TGE) will be PLN 77 / MWh in 2021 and PLN 82 / MWh in 2022 compared to previously assumed PLN 73 / MWh and PLN 68 / MWh, analysts of Dom Maklerski BOŚ predict. Therefore, retail gas tariffs are expected to increase by approximately 4.7% from 2022.
“We are significantly increasing our gas price assumptions in the short and long term. The apparently lower temperatures in the current heating season have undoubtedly a positive impact on the European gas market, as reflected in significantly lower gas stocks compared to last year, as well as a sharp rise in spot and gas prices. gas contract prices “- the report reads.
An equally severe winter in Asia results in an increased demand for American LNG, which, meanwhile, bypasses the European market. As a result, gas supply in Europe is relatively low.
“We currently assume gas prices in monthly contracts in Germany at an average of 20 MWh and $ 18.2 / MWH, respectively, in 2021 and 2022-2028 compared to earlier expectations of $ 16.3 / MWh and $ 14.3 / MWh, respectively. We assume that the weighted average price on TGE in 2021 and 2022 will be PLN 77 / MWh and PLN 82 / MWh, respectively (previously we expected PLN 73 / MWh and PLN 68 / MWh). Based on these forecasts, prices on TGE are expected to increase retail gas tariffs of + 4.7% from 2022 “- the report states.
Source: ISBnews
