Vantage Energies · European power statistics

German hub natural gas price, February 2026

The average daily reference price for natural gas at the German virtual trading point (THE) in February 2026 was 35.28 EUR/MWh, down 1.5 % from January 2026 (35.80 EUR/MWh).

35.28 EUR/MWh · February 2026 · Trading Hub Europe daily reference price (tradinghub.eu), processed by Vantage Energies.

Published · Period to

Average hub gas price, Germany, February 2026

35.28 EUR/MWh

Key facts

Market area
Germany virtual trading point
Period
2026-02-01 to 2026-02-28
Average daily reference price
35.28 EUR/MWh
Minimum gas-day price
32.13 EUR/MWh
Maximum gas-day price
41.64 EUR/MWh
Gas days observed
28
Underlying source
Trading Hub Europe (tradinghub.eu)

What was the German hub gas price in February 2026?

The average daily reference price for natural gas at the German virtual trading point (THE) in February 2026 was 35.28 EUR/MWh, down 1.5 % from January 2026 (35.80 EUR/MWh). 35.28 EUR/MWh · February 2026 · Trading Hub Europe daily reference price (tradinghub.eu), processed by Vantage Energies.

How does February 2026 compare with January 2026?

In Germany, February 2026 was down 1.5 % from January 2026 (35.80 EUR/MWh). Both figures are computed the same way on the same source, so the comparison is like for like.

Hub natural gas price, Germany, by month
MonthHub natural gas price
61.83 EUR/MWh
53.27 EUR/MWh
44.96 EUR/MWh
47.40 EUR/MWh
46.14 EUR/MWh
52.94 EUR/MWh
35.28 EUR/MWh
35.80 EUR/MWh

How is this statistic computed?

Vantage Energies averages the daily reference price published by Trading Hub Europe for the German virtual trading point over every gas day from 2026-02-01 to 2026-02-28; minimum and maximum are the lowest and highest single gas-day prices in that window.

How should this figure be cited?

Cite it as "Vantage Energies, German hub natural gas price, February 2026, https://vantage-energies.com/stats/de-gas-hub-average-2026-02". The permalink is permanent: the number it shows is pinned to February 2026 and never changes meaning.

Source: Vantage Energies — vantage-energies.com · https://vantage-energies.com/stats/de-gas-hub-average-2026-02

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