EnergyScan

European prices extended gains

European gas prices increased again yesterday, supported by weak pipeline supply and lower temperatures. Norwegian flows increased slightly yesterday, averaging 304 mm cm/day, compared to 302 mm cm/day on Tuesday, but still below the 324 mm cm/day of last Friday. Russian flows weakened to 262 mm cm/day on average, still significantly below the 319 mm cm/day on average of January 2021.

The rise in parity prices with coal for power generation (due to higher EUA and coal prices) provided additional upward pressure.

ttf-cal-2022-25
Share this news :
Share on twitter
Share on linkedin
Share on email

You might also read :

ES-power
January 8, 2021

EUAs soared to fresh all-time high

The NW European power spot prices continued to rise amid dropping temperatures and weak renewable production. Prices reached 79.53€/MWh on average in France, Germany, Belgium…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet?  Sign up here!

[booked-calendar]