Gas prices
The price of gas consists of the energy price and the cost of transmission and distribution.
How gas prices are determined
Like electricity, the price of gas consists of the energy price and the cost of transmission and distribution.
Our gas energy pricing is based either directly on European gas exchange forward prices or on our own AK index.
During the energy crisis caused by the war in Ukraine, gas prices were exceptionally high throughout 2022, but fell significantly during 2023. In 2024, prices remained around €30/MWh.
Auris Energy brings gas market expertise and more predictable pricing to a rapidly changing situation
We always offer a gas proposal optimised for your consumption profile, with options to purchase price hedges or gas priced using our index. We supply the cleanest possible energy and share our extensive experience of efficient gas use, the gas market and its development.
As an energy partner for industry, we always offer:
- A gas proposal optimised for your consumption profile
- The option to purchase price hedges
- The option to buy gas using our index, which is more stable and moves more slowly than exchange prices
How is the gas price formed?
Like electricity, the price of gas consists of the energy price and the cost of transmission and distribution.
Our gas energy pricing is based either directly on European gas exchange forward prices or on our own AK index.
The transmission and distribution component
Gas transmission and distribution pricing is based on capital invested in the network and the costs of operating it. Site-specific consumption also affects the price.
The Finnish Energy Authority monitors the reasonableness of pricing and determines the permitted return on gas transmission and distribution.
Two gas pricing options
Auris Energy sells gas at prices linked directly to European gas exchange forward prices and at prices based on our own AK index.
Gas exchange forward price
We particularly recommend pricing linked directly to one-month TTF forward prices for industrial and process users with reasonably consistent year-round gas consumption. This allows them to benefit most from potentially very low summer exchange prices.
- Based on the monthly TTF price
- Well suited to industrial and process users with reasonably consistent year-round gas consumption
AK index
The AK index is based on forward prices on the Dutch TTF gas exchange, which we hedge during the three months before delivery. These hedges make the index more stable than pricing based on a single month’s TTF price.
The more stable AK index suits users who value greater predictability and stability in procurement. It is particularly suitable for heating, where monthly pricing during a cold winter can mean high gas prices at a time of high consumption.
- Hedged against TTF prices over three months
- More stable and predictable
- Particularly suitable for heating
How the AK index price is formed
How the AK index price is formed
The AK index price is formed from TTF gas hub forward prices during the three months before delivery. This brings stability to AK index-based pricing.
Alongside its stability, another advantage is that we announce the AK index value to customers one month before it takes effect. We publish the value in our AKFlow extranet and on your gas invoices.
Our sales team is happy to provide more information about gas pricing or prepare a gas quote.
We hedge the AK index price level as follows:
- 15–25% of the estimated volume sold under the AK index is hedged three months before delivery.
- 25–35% is hedged two months before delivery.
- A further 25–35% is hedged one month before delivery.
- The remaining approximately 5–35% of estimated sales is not hedged. For the index calculation, this portion is priced using the delivery month’s TTF futures price.
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