The drop has a number of causes, but the main one seems to be that a lot of speculation has disappeared from the market. This had arisen because gas traders expected that a lot of gas would have to be purchased next summer to replenish Europe's empty gas reserves. Combined with a limited supply of natural gas, that drove the price up sharply in recent months. 'That was almost excessively oversold,' said Hans van Cleef, energy analyst at consultancy Publieke Zaken.

PZ ERS in the news - Concerns about electricity supply in the future.
On Thursday, May 8, Publieke Zaken ERS and Quo Mare released the report "Rule the Adjustable. Author Hans van Cleef explains in the