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…
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…
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…
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…
European gas prices increased yesterday, supported by strong demand due to cold weather and lower pipeline supply. Indeed, Norwegian flows were down yesterday, at 339 mm cm/day on average, compared to 346 mm cm/day on Tuesday. The same for Russian supply, which averaged 281 mm cm/day, compared to 286 mm cm/day on Tuesday. However, the…
