EUAs tumbled on Commission’s plan to sell allowances from MSR
The European power spot prices inched up yesterday as the ongoing warm spell strengthened the power demand across the bloc while forecasts of slightly higher…
If the European power spot prices for Monday plunged amid a demand weakened by the Easter holiday and the surging wind output, they sharply rebounded for today as the dropping temperatures should support the power load in the upcoming hours while the wind generation should slightly ease compared to yesterday, although expectations of higher French nuclear availability and hydro generation may have limited the gains.
The carbon and power forward market were closed on Friday due to the Easter holiday weekend.
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