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Electricity Day-Ahead Spain to Natural Gas Futures Ratio

The electricity day-ahead spain to natural gas futures ratio is 71.81 Electricity Day-Ahead Spain at $214.00 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-ES · EUR per Megawatt Hour
NG-FUT · USD per Million British Thermal Units

Electricity Day-Ahead Spain to Natural Gas Futures ratio

71.81+19.86% / 1Y

1.000 MWh of electricity day-ahead spain = 71.812 MMBtu of natural gas futures

Inverse (NG-FUT/ELEC-DA-ES): 0.01393 — one Million British Thermal Units of natural gas futures buys that much electricity day-ahead spain.

Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)

Electricity Day-Ahead Spain

€214.00

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 spain. Prices as of Sat, 05 Sep 2026 10:26:00 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

65.72

median 65.58

1Y low

8.333

Sep 1, 2026

1Y high

102.7

Sep 3, 2026

Normal band

61.24–70.20

mean ± 1 std dev

Deviation from mean

+1.36σ

4 observations

Electricity Day-Ahead Spain to Natural Gas Futures ratio charts

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

ELEC-DA-ES/NG-FUT ratio line

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

ELEC-DA-ES/NG-FUT ratio candles

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

Electricity Day-Ahead Spain 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 spain to natural gas futures ratio

Electricity Day-Ahead Spain to Natural Gas Futures ratio = Electricity Day-Ahead Spain 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 spain — rather than a plain count.

Worked example, live prices: 214.00 ÷ $2.98 = 71.81. The inverse is 0.01393.

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 spain to natural gas futures ratio today?

The electricity day-ahead spain to natural gas futures ratio is 71.81 — Electricity Day-Ahead Spain at €214.00 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 spain to natural gas futures ratio?

Divide the electricity day-ahead spain 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 spain.

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

The inverse, natural gas futures to electricity day-ahead spain, is 0.01393 — how many Megawatt Hours of electricity day-ahead spain one Million British Thermal Units of natural gas futures buys.

Electricity Day-Ahead Spain to Natural Gas Futures Ratio — 71.81 Today | CommodityPriceAPI