Carbon prices hit new record prices on spiking gas market
If forecasts of surging wind pressured the German power spot prices yesterday, day-ahead prices elsewhere in NWEurope posted hefty gains amid a significant rise of…
European gas prices were mixed yesterday as the rally on Asian markets came to an end but with prices stabilizing at high levels. Indeed, JKM spot prices were almost stable yesterday: +0.08% day-on-day, at €91.284/MWh. By contrast, thanks to higher temperatures, baseload spot power prices on the Japan Electric Power Exchange were sharply down, falling to €385/MWh yesterday, compared to €1010/MWh the day before and €1220/MWh on 11 January.
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