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Energy market May 2026: what cold-chain companies need to know

The energy market in May was anything but quiet. A few notable numbers and trends that directly impact our industry:

🌞 Kühlkraftskrise becomes structural During the day, negative or very low power prices due to solar surplus - as low as -€499/MWh on May 1. But in the evening, when cooling demand peaks and the sun goes out, the price went up to +€236/MWh. Spread of more than €735/MWh in one day. For cold-chain companies with fixed compressor schedules, this is a wake-up call.

❄️ Cooling = evening peak = most expensive power Exactly when cooling demand is highest (warm evenings, hot weekends), so are power prices. May, with RMI averages well above seasonal norms, was a taste of what summer may bring.

📈 Electricity futures market remains high CAL-27 closed at €90.69/MWh (+4% vs. April). Those who do not yet have firm contracts for 2027 and beyond pay a premium for deferral.

🛢️ Oil and gas: volatile but without direction Brent dropped back to ~$92/barrel after geopolitical relaxation. Gas (TTF) peaked at €52/MWh but ended the month at ~€46/MWh. European gas stocks stand at just ~40% fill rate - 10 percentage points below last year.

💡 What does this mean for cold-chain companies? → Flexibility pays off: shift energy demand to afternoon hours where possible → Dynamic contracts deserve reconsideration - but also have risks → Analyze energy profile: when exactly is your plant running?

BE-Cold follows the energy market closely. 👇 Source : Elindus https://sl1nk.com/brtc0vk.