Highlights Lignite tops July mix TTF front-month hits 2008-high above Eur40/mt Year-ahead clean spark spread negative first time since 2019 German gas-fired power generation fell in July as record high European gas hub prices further eroded margins, while hard coal generation almost exceeded gas-fired generation and lignite topped the German power mix. TSO data aggregated by Fraunhofer ISE shows that gas generation totaled 3.3 TWh in July, down 35% year on year as gas prices hit the highest levels on record. July Generation Source: Fraunhofer ISE Storage concerns heading into the winter gas season and ongoing supply constraints continue to support prices in Europe, with Dutch TTF gas prices climbing above Eur40/MWh. Fundamentals in Europe are just part of the reason global gas prices have hit significant highs, with JKM and Henry Hub prices hitting […]