An eye toward 100€/t ?

The power spot prices were mixed in NWE yesterday, fading in Germany and France on forecasts of slightly weaker power demand and stronger wind output, but steady in Belgium and the Netherlands with possible support from the higher fuels and carbon prices. The day-ahead prices averaged 206.53€/MWh in the four countries, -10.06€/MWh day-on-day. Facing little…

EUAs continued to surge toward 80€/t

The power spot prices were mixed yesterday in northwestern Europe, down in Germany and the Netherlands on stronger wind forecasts, flat in Belgium due to the restart of Doel-4 from planned maintenance, and up in France on higher power demand expectations. The day-ahead prices averaged 220.14€/MWh in the four countries, -8.71€/MWh day-on-day. The carbon pursued…

Mixed price evolution

European gas prices were mixed yesterday, amid unchanged fundamentals and slight drop in Asia JKM prices (-0.83% on the spot, to €105.380/MWh; -1.40% for the January 2022 contract, to €106.662/MWh). On the pipeline supply side, Norwegian flows were almost stable yesterday, averaging 338 mm cm/day, compared to 339 mm cm/day on Wednesday. Russian supply remained…

US job report: a test for the bond market

Equity markets continue to yo-yo: as expected, they rebounded in the US, but European markets adjusted on the previous day’s US decline. It seems that the initial pessimism linked to the appearance of the Omicron variant is dissipating somewhat and that the markets are returning to a more neutral position, awaiting the first serious studies…

EUAs rose to new record before correcting alongside British market

The European power spot prices mostly rose yesterday amid forecasts of lower temperatures and weaker wind output, except in France where prices edged down as the rising hydro-generation is expected to offset the bullish effect of the above-mentioned fundamentals. The day-ahead prices averaged 228.85€/MWh in Germany, France, Belgium and the Netherlands, +38.68€/MWh day-on-day. The EUAs…

Don’t have an account yet? 

[booked-calendar]