Power prices posted moderate gains on slightly stronger underlying gas prices and steady EUAs

The power spot prices continued to drop in north western Europe yesterday amid weakening power demand and sharply rising wind output. Prices reached fell by 10.66€/MWh to 41.25€/MWh on average in Germany, France, Belgium and the Netherlands.

The EUA prices traded rangebound on Thursday with thin exchanged volume ahead of the Easter holiday weekend as the market unsurprisingly did not react to the 2020 emissions preliminary data publication.

Driven up by stronger gas prices and a midday rebound of emissions, the power prices posted slight gains along the curve yesterday.

european-power-front-year-and-carbon-prices
Share this news :

You might also read :

ES-gas
March 7, 2022

Prices rose to all-time highs

European gas prices rose to new all-time highs on Friday. Although Russian supply continues to flow (even increasing to 267 mm cm/day on average on…
ES-gas
September 20, 2021

European prices keep their uptrend

European gas prices rebounded on Friday, supported by technical buying after the strong drop of the previous session as the uptrend (fueled by low stock…
ES-economy
July 16, 2021

Growth deceleration

Global bond yields continued to decline, with short term interest rates left unchanged by South Korean and Japanese central banks. Equities continued to trade sideways in the…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet? 

[booked-calendar]