Commodity ratio · live

Electricity Day-Ahead Norway NO2 to Natural Gas Futures Ratio

The electricity day-ahead norway no2 to natural gas futures ratio is 21.18 Electricity Day-Ahead Norway NO2 at $63.11 per Megawatt Hour divided by Natural Gas Futures at $2.98 per Million British Thermal Units.

Prices as of Sep 5, 2026, 10:26 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Megawatt Hour
ELEC-DA-NO2 · EUR per Megawatt Hour
NG-FUT · USD per Million British Thermal Units

Electricity Day-Ahead Norway NO2 to Natural Gas Futures ratio

21.18-58.62% / 1Y

1.000 MWh of electricity day-ahead norway no2 = 21.178 MMBtu of natural gas futures

Inverse (NG-FUT/ELEC-DA-NO2): 0.04722 — one Million British Thermal Units of natural gas futures buys that much electricity day-ahead norway no2.

Below its 1 year average. (25th percentile of the last 1 year)

Electricity Day-Ahead Norway NO2

€63.11

per Megawatt Hour

Natural Gas Futures

$2.98

per Million British Thermal Units

Unit basis: EUR per Megawatt Hour ÷ USD per Million British Thermal Units. The ratio reads as Million British Thermal Unitss of natural gas futures per Megawatt Hour of electricity day-ahead norway no2. Prices as of Sat, 05 Sep 2026 10:26:15 GMT.

Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.

These two commodities are quoted in different currencies (EUR and USD). The figure above is a raw quote ratio and is not FX-adjusted.

1Y average

41.21

median 46.23

1Y low

21.18

Sep 4, 2026

1Y high

57.35

Sep 3, 2026

Normal band

29.36–53.05

mean ± 1 std dev

Deviation from mean

-1.69σ

4 observations

Electricity Day-Ahead Norway NO2 to Natural Gas Futures ratio charts

Pick a range once — it applies to the ELEC-DA-NO2/NG-FUT ratio line, the OHLC candles and the Electricity Day-Ahead Norway NO2 / Natural Gas Futures price chart below.

ELEC-DA-NO2/NG-FUT ratio line

How many MMBtu of Natural Gas Futures one MWh of Electricity Day-Ahead Norway NO2 buys, over 1Y.

ELEC-DA-NO2/NG-FUT ratio candles

Open, high, low and close of the ELEC-DA-NO2/NG-FUT ratio for each period in the last 1Y.

Electricity Day-Ahead Norway NO2 and Natural Gas Futures prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the electricity day-ahead norway no2 to natural gas futures ratio

Electricity Day-Ahead Norway NO2 to Natural Gas Futures ratio = Electricity Day-Ahead Norway NO2 price per Megawatt Hour ÷ Natural Gas Futures price per Million British Thermal Units

The two legs use different units, so the result is a rate — Million British Thermal Unitss of natural gas futures per Megawatt Hour of electricity day-ahead norway no2 — rather than a plain count.

Worked example, live prices: 63.11 ÷ $2.98 = 21.18. The inverse is 0.04722.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4430.58
2XAGSilver66.24
3WTIOIL-FUTCrude Oil WTI Futures91.48
4BRENTOIL-FUTCrude Oil Brent Futures96.28
5NG-FUTNatural Gas Futures2.98
6PLPlatinum1824.38
7PAPalladium1398.80

Frequently asked questions

What is the electricity day-ahead norway no2 to natural gas futures ratio today?

The electricity day-ahead norway no2 to natural gas futures ratio is 21.18 — Electricity Day-Ahead Norway NO2 at €63.11 per Megawatt Hour divided by Natural Gas Futures at $2.98 per Million British Thermal Units, from live mid-market prices.

How do you calculate the electricity day-ahead norway no2 to natural gas futures ratio?

Divide the electricity day-ahead norway no2 price per Megawatt Hour by the natural gas futures price per Million British Thermal Units. If the two units differ, the result is a rate rather than a plain count — read it as Million British Thermal Unitss of natural gas futures per Megawatt Hour of electricity day-ahead norway no2.

What is the inverse of the electricity day-ahead norway no2 to natural gas futures ratio?

The inverse, natural gas futures to electricity day-ahead norway no2, is 0.04722 — how many Megawatt Hours of electricity day-ahead norway no2 one Million British Thermal Units of natural gas futures buys.

Electricity Day-Ahead Norway NO2 to Natural Gas Futures Ratio — 21.18 Today | CommodityPriceAPI