CREG report shows that timing and strategy are decisive factors for better natural gas prices.

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A recent CREG report confirms that timing and strategy are decisive factors for natural gas prices for businesses.

The recent CREG report on Belgian natural gas prices in 2024 confirms what we have been observing in practice for some time: it is not consumption volume, but rather the right timing and the right strategy that largely determine the final gas price for businesses. The report contains some striking insights, particularly regarding the business segment with an annual consumption of between 1 and 10 GWh, which is, not coincidentally, one of our most important customer segments.

What does CREG say about gas prices for businesses?

According to the CREG report, the average price for natural gas in the 1-10 GWh segment in 2024 was around €45 per MWh. More importantly:

| “Price negotiations are completely free: rates are agreed upon individually.”

In this consumption segment, there is therefore more room for negotiation with energy suppliers than if your company consumes less energy. Companies in this segment are not bound by standard prices. Those who actively manage their purchasing times and contract strategy can clearly outperform the market average.

Odot consistently purchased better than the market average!

At Odot, we see this reflected very clearly in the results for our customers:

⚡For approximately half of our customers, we achieved price clicks below €45 per MWh in 2024, which is below the average for the entire 1-10 GWh segment in Belgium!
⚡In addition, there are still customers today who benefit from price clicks below €20 per MWh, which were fixed several years ago (including 2020).

This demonstrates that the right moments of opportunity and long-term vision have a lasting impact on current energy prices.

Volume is not always decisive – strategy is

A striking observation from the CREG report ties in seamlessly with this:

| "With large industrial customers, there is virtually no correlation between volume and price. The timing of negotiations and the click strategy are much more important than consumption levels."

In practice, we still see too often that medium-sized and large industrial players:

⚡mainly purchasing on spot markets
⚡not employinga structured hedge or click strategy
⚡remaining heavily dependent on short-term price fluctuations

At the same time, we at Odot are able to achieve structurally better prices for small and medium-sized energy consumers, precisely because we:

⚡Spread purchases over time
⚡Work with a clear click strategy
⚡Actively monitor and adjust contracts and indexations

The real leverage: active energy management

The conclusion is clear: good energy prices are not a coincidence, but the result of active and thoughtful energy management.

That is precisely one of the goals we at Odot focus on as Energy Accountants for companies: structurally optimizing energy purchases, regardless of size or sector.

 

Would you like to know how your current gas strategy compares to the market?
We would be happy to review this with you, supported by figures and a clear plan of action!

Anya Kussé
Anya Kussé

As a leading player in the energy market, we unburden companies in their energy policy and develop future-proof energy strategies. Our team of experts negotiates, manages and optimizes our customers' energy contracts in a continuous and transparent manner. Supported by AI-driven software, we provide insight into the current and future cost of each MWh. We integrate sustainability into our overall approach and work pragmatically and solution-oriented to support you in the energy transition. Together, we create the most ideal energy landscape for your business.