Power market news

EnergyScan, podcast, ENGIE, ENGIE Gems, Gas, Power
March 4, 2025

Gas & Power Report: Rollercoaster ride for European energy markets

Gas & Power Report: Rollercoaster ride for European energy markets February, 28 2025 Gas & Power February saw a rollercoaster ride for European energy prices, with gas and power markets experiencing significant volatility. Key drivers included mild weather, geopolitical developments and easing concerns on gas storage filling targets. Tune in…
EnergyScan, podcast, ENGIE, ENGIE Gems, Gas, Power, Energy
January 31, 2025

Gas & Power Report: European energy prices at 15-month highs

Gas & Power Report: European energy prices at 15-month highs January, 31 2025 Gas & Power No respite for energy markets in January! In this weekly Gas & Power podcast, Julien Hoarau comes back on the new rally in European gas and CO2 prices, on the back of temporary gas…
EnergyScan, podcast, ENGIE, ENGIE Gems, Gas, Power, Energy
January 20, 2025

Gas & Power Report: Bumpy start for energy markets in 2025

Gas & Power Report: Bumpy start for energy markets in 2025 January, 16 2025 Gas & Power In this first Gas & Power podcast of the year, Julien Hoarau discusses the many events that have shaken energy markets recently: the end of Russian gas transit through Ukraine, temporary gas supply…
EnergyScan, podcast, ENGIE, ENGIE Gems, Gas, Power, Energy
December 10, 2024

Gas & Power Report: The upward trend is running out of steam

Gas & Power Report: The upward trend is running out of steam December, 6 2024 Gas & Power November saw European gas and power prices spike, driven by lower LNG imports, lower RES power generation and rising demand compared to a year ago. Julien Hoarau discusses the dynamics behind these…
EnergyScan, ENGIE, ENGIE Gems, podcast, Gas, Power
July 5, 2024

Gas & Power Report: Energy markets in a wait-and-see mood

Gas & Power Report: Energy markets in a wait-and-see mood Gas & Power #112 In this week’s Gas and Power podcast, Julien Hoarau comes back on the main moves of the past few weeks across gas and power markets. Spot power prices continue to show strong volatility in Europe amid…
EnergyScan, podcast, ENGIE, ENGIE Gems, Gas, Power, Energy
November 30, 2023

Gas & Power Report: Bears in charge of energy prices in Europe

Bears in charge of energy prices in Europe Gas & Power #79 In this week’s Gas and Power podcast, Julien Hoarau discusses about the drop in wholesale energy prices in Europe despite the onset of the first cold winter weather episode. Is this bearish trend backed by fundamentals and is…
EnergyScan, podcast, ENGIE, ENGIE Gems, Gas, Power, Energy
November 23, 2023

Gas & Power Report: Energy prices still find resistance on the downside in Europe

Energy prices still find resistance on the downside in Europe Gas & Power #77 In this week’s Gas and Power podcast, Julien Hoarau discusses about the slowly decreasing risk premium in energy prices in Europe despite a comfortable supply/demand balance in the short term and about recent developments on the…
EnergyScan, podcast, ENGIE, ENGIE Gems, Gas, Power, Energy
May 10, 2023

Gas & Power Report: Gas prices continue to ease in Europe

Gas & Power Podcast #43 In this weekly podcast for Gas & Power, we discuss about the continuation of the bearish trend in European gas prices as well as the volatility in power prices following the confirmation of EDF’s nuclear production target for 2023. Listen here Share this news :…
EnergyScan, podcast, ENGIE, ENGIE Gems, Gas, Power, Energy
April 19, 2023

Gas & Power Report: Muted demand and comfortable stocks to weigh on energy prices

Gas & Power Podcast #40 In this week’s podcast, Julien Hoarau discusses about recent trends in wholesale energy markets, with muted demand, global macroeconomic factors, and maintenance programs affecting prices. A stable to bearish sentiment prevails globally. Listen here Share this news : Check our latest post January 23, 2023…
EnergyScan, podcast, ENGIE, ENGIE Gems, Gas, Power, Energy
April 12, 2023

Gas & Power: Energy markets looking for a direction after the Easter break

Gas & Power Podcast #38 In this week’s podcast, Julien Hoarau discusses the recent decline in global coal prices due to weak demand and the significant increase in the risk premium for French power prices amid concerns over thermal cracks and stress corrosion issues at French nuclear plants. Listen here…
EnergyScan, podcast, ENGIE, ENGIE Gems, Gas, Power, Energy
March 30, 2023

Gas & Power Report: Rising risk premium for French power prices

Gas & Power Podcast #34 In this week’s Gas & Power EnergyScan podcast, Julien Hoarau tells us about relatively calm power markets though with a slight bullish upturn most likely driven by the rise of French Cal’24 prices. Fundamentals for this include the ongoing strikes in France against the polemical…
EnergyScan, podcast, ENGIE, ENGIE Gems, Gas, Power, Energy
March 23, 2023

Gas & Power Report: Mixed energy prices amidst a bustling environment

Gas & Power Podcast #32 In this weekly Gas & Power report, Julien Hoarau tells us about French nuclear availability and issues EDF encounters, impact of French strikes on central western power markets, and the consequences of the current banking crisis. European gas prices are volatile, with this deteriorating macro-economic…
ES-power
July 4, 2022

Profit taking drove EUAs back in middle of the trading range

The European power spot prices are mixed for today compared to Friday as the dropping nuclear availability and higher clean gas costs supported the French and Belgian prices while the contracts in the Netherlands and Germany faded on forecasts of strong solar generation. The day-ahead prices hence averaged 315.65€/MWh over…
ES-power
July 1, 2022

EU power prices move further north

Bulls kept control of European power curve prices on Thursday with concerns over poor nuclear availability pushing France Q4-22 base and peak prices to new record highs at €790/MWh and €1522.45/MWh respectively at the close on the EEX exchange yesterday. Cal-23 prices hit new highs across Europe as well on the back…
ES-power
June 30, 2022

To infinity and beyond !

Buoyed by the soaring gas and carbon prices, the European power spot prices rebounded yesterday with additional support from forecasts of slightly lower wind output. The day-ahead prices hence averaged 339.51€/MWh in Germany, France, Belgium and the Netherlands, +30.60€/MWh day-on-day. The power curve prices posted hefty gains once again on…
ES-power
June 29, 2022

EU Council reached an agreement on Fit for 55 package

The European power spot prices eased yesterday, pressured by an early weakness of gas prices and forecasts of stronger wind, solar and hydro generation. The day-ahead prices averaged 308.92€/MWh in Germany, France, Belgium and the Netherlands, -23.33€/MWh day-on-day. After a bearish opening, the power forward prices quickly reversed and climbed…
ES-power
June 28, 2022

Supply concerns continued to buoy the energy complex

The European power spot prices slightly increased yesterday amid higher clean fuel costs and forecasts of stronger power demand combined with easing wind output. The day-ahead prices hence averaged 332.25€/MWh in Germany, France, Belgium and the Netherlands, +16.23€/MWh day-on-day and +27.12€/MWh from last week. The power curve prices posted moderate…
ES-power
June 27, 2022

EU curve power prices retrace recent gains but tight fundamentals remain supportive

Warmer and calmer weather expectations for the week ahead pushed spot power prices sharply up on Friday amid strong coal and gas prices. Day-ahead prices hence averaged 316.02€/MWh in Germany, France, Belgium and the Netherlands, +27€/MWh day-on-day. On the curve, most contracts retraced some of the strong gains recorded earlier…
ES-power
June 24, 2022

Increased hedging drove the carbon prices up

The European power spot prices faded yesterday amid forecasts of improving nuclear availability, a sudden surge of wind and hydro production and decreasing power demand. The day-ahead prices hence averaged 289.05€/MWh in Germany, France, Belgium and the Netherlands, -22.64€/MWh day-on-day. The sharp bullish rally continued on the gas and power…
ES-power
June 23, 2022

EU Parliament finally agreed on common position for ETS revision

The European power spot prices reverted yesterday, the French and German day-ahead prices decreasing on forecasts of higher nuclear availability and wind output while prices rebounded in Belgium and the Netherlands amid falling solar production and Belgian nuclear availability. The day-ahead prices hence averaged 311.69€/MWh over the four countries, -2.45€/MWh…
ES-power
June 22, 2022

Second attempt for the Parliament

The European power spot prices were mixed yesterday, lifted in Germany and France by the higher fuel and carbon prices but down in Belgium and the Netherlands on forecasts of stronger solar generation. The day-ahead prices hence averaged 314.14€/MWh over the four countries, +9.02€/MWh day-on-day. The power curve prices continued…
ES-power
June 21, 2022

Flow of regulatory news spurred mixed moves in the energy complex

The European power spot prices continued to climb yesterday, buoyed by a rebound of clean fuel costs and forecasts of stronger demand, weaker nuclear availability and dropping wind production, although the higher solar and hydro generation expected today might have dampened slightly the bullish pressure. The day-ahead prices hence averaged…
ES-power
June 20, 2022

Overall retreat of the energy complex

The European power spot prices for today reached a level close to Friday’s as the retracing gas prices, weaker demand and higher wind output expected in the upcoming hours were offset by forecasts of lower nuclear availability and solar production. The day-ahead prices hence averaged 269.29€/MWh in Germany, France, Belgium…
ES-power
June 17, 2022

Surging gas prices triggered sell-off in EU ETS

The European power spot prices pursued their ascend yesterday, driven further up by the soaring gas prices despite forecasts of slightly weaker power demand. The day-ahead prices averaged 272.10€/MWh in Germany, France, Belgium and the Netherlands, +39.33€/MWh day-on-day. The EUAs plunged by 3.7% on Thursday as the surging gas markets…
ES-power
June 16, 2022

ENVI’s MEPs found an agreement on dividing measure

Except in Germany where a public holiday and forecasts of higher wind output offset the bullish pressure, the European power spot prices continued to rise yesterday, driven up by the soaring clean fuel costs and demand amid the ongoing heatwave observed across NWE. The day-ahead prices hence averaged 232.77€/MWh in…
ES-power
May 23, 2022

Commission’s proposal to auction EUAs from MSR continued to pressure the carbon market

The European power spot prices fell below 200€/MWh for today as gas dropping gas and carbon prices combined with forecasts of soaring wind production pressured the market. The day-ahead prices averaged 191.52€/MWh in Germany, France, Belgium and the Netherlands, -17.04€/MWh from Friday and -15.73€/MWh week-on-week. The power curve prices ended…
ES-power
May 20, 2022

EUAs extended their fall on fears of additional supply

The European power spot prices inched down yesterday amid weaker clean gas costs and forecasts of lower demand. The day-ahead prices hence averaged 208.56€/MWh in Germany, France, Belgium and the Netherlands, -2.66€/MWh day-on-day. The power forward prices posted moderate losses along the curve, weighed by the fading gas markets and…
ES-power
May 19, 2022

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 wind and hydro production kept prices just below the clean gas costs. The day-ahead prices hence averaged 211.23€/MWh in Germany, France, Belgium and the Netherlands,…
ES-power
May 18, 2022

ENVI’s vote for stricter EU ETS reforms lifted the carbon prices

The European power spot prices slightly faded yesterday, pressured by forecasts of stronger wind and solar generation but still supported by the high demand induced by the current warm spell. The day-ahead prices averaged 207.14€/MWh in Germany, France, Belgium and the Netherlands, -16.97€/MWh day-on-day. On the curve, most power contracts…
ES-power
May 17, 2022

Carbon prices edged up ahead of ENVI’s vote

The European power spot prices rose yesterday amid forecasts of higher demand induced by the current warm spell, and dropping wind output. The day-ahead prices averaged 224.12€/MWh in Germany, France, Belgium and the Netherlands, +16.86€/MWh day-on-day. The power forward prices extended losses along the curve, tracking the bearish gas market…
ES-power
May 16, 2022

China pushed oil higher on Friday and lower this morning

Oil prices climbed on Friday: ICE Brent front month jumped by 3.8% to $111.55/b while NYMEX WTI gained 4.1% to $110.49/b. That is the highest closing price for WTI since March 25,  between Monday and Friday NYMEX WTI inched 0.7% higher whereas ICE Brent went down by 0.9%. On refined…
ES-power
May 13, 2022

Power prices soared on bullish gas market while EUAs took a breath

The European power spot prices observed limited changes yesterday as hefty wind production kept most prices under the clean coal costs while the French followed once again a different path and slightly increased, buoyed by higher clean gas costs which offset the forecasts of weaker power demand. The day-ahead prices…
ES-power
May 12, 2022

Mixed power prices in Europe, strong volatility in the EUA market

Power prices in Europe continued to diverge on Wednesday amid a volatile session for EUA prices and opposing trends for gas and coal prices. Warm river concerns supported Q3-22 prices in France while lingering dry weather widened further the Italian premium compared to France for June delivery. Falling wind power…
ES-power
May 11, 2022

Falling fuel prices drove the power prices down, but a rebound might loom

The European power spot prices dropped yesterday as the ongoing wind surge offset the weaker clean gas cost and pressured the market. The day-ahead prices averaged 164.69€/MWh in Germany, France, Belgium and the Netherlands, -16.22€/MWh day-on-day with only the French prices remaining above the clean coal cost thanks to the…
ES-power
May 10, 2022

Weak auction pushed EUAs back below 90€/t

As expected, the European power spot prices weakened yesterday on lower clean fuel costs and forecasts of surging wind output and slightly improved nuclear availability with the Belgian nuclear reactor Tihange 2 (1GW) ramping up to its maximum capacity after hovering at 900MW for a few days. The day-ahead prices…
ES-power
May 9, 2022

EUAs extended their rally while power short-term prices faded

The European power spot prices continued to however just above 200€/MWh for today, although slightly lower than Friday due the retracing gas market and forecasts of strong solar generation. The day-ahead prices averaged 216.52€/MWh in Germany, France, Belgium and the Netherlands, -8.84€/MWh from Friday and -1.88€/MWh week-on-week, but the picture…
ES-power
May 6, 2022

France baseload Cal 23 prices moving closer to the €300/mark

The European power spot prices inched down yesterday on lower clean gas costs and forecasts of slightly increased wind production, temperatures and French nuclear availability. The day-ahead prices averaged 225.36€/MWh in Germany, France, Belgium and the Netherlands, -8.71€/MWh day-on-day. In the meantime, the uncertainties around the rouble payment continued to…
ES-power
May 5, 2022

Power prices were buoyed by the bullish fuel complex amid coming Russian oil ban and anticipation of military escalation

Yesterday marked another day of particularly flat European power spot prices with the ongoing wind shortage being offset by slightly higher French nuclear availability and hydro production. The day-ahead prices averaged 234.07€/MWh in Germany, France, Belgium and the Netherlands, +3.58€/MWh day-on-day. Conversely, the power forward prices extended hefty gains along…
ES-power
May 4, 2022

Short-squeeze drove EUA prices near 90€/t

The European power spot prices inched up yesterday, buoyed by higher clean fuel costs and forecasts of weaker French nuclear availability and German wind production. The day-ahead prices hence averaged 230.49€/MWh in Germany, France, Belgium and the Netherlands, +12.32€/MWh day-on-day. The power forward prices received support from the rebounding gas…
ES-power
May 3, 2022

Power and emissions markets extended losses amid muted activity

The European power spot prices remained impressively stable yesterday as forecasts of slightly higher French nuclear availability and German wind output offset the stronger demand for electricity expected in the upcoming hours. The day-ahead prices averaged 218.16€/MWh in Germany, France, Belgium and the Netherlands, -0.23€/MWh day-on-day. The power forward and…
ES-power
April 29, 2022

EUAs gave back early losses on retracing gas prices

The European power spot prices remained impressively flat from the previous day yesterday, with a continuous German wind shortage offset by a strong solar generation, fading power demand and improving Belgian nuclear availability. The day-ahead prices averaged 227.99€/MWh in Germany, France, Belgium and the Netherlands, -2.15€/MWh day-on-day. The carbon prices…
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