EUAs and power curve prices continued to rise on bullish energy complex
The power spot prices edged up yesterday as the forecasts of dropping wind output were offset by the expectations of weaker power demand and strong…
European spot gas prices were mixed on Friday, receiving a slight support from lower pipeline flows. Indeed, Russian flows dropped significantly on Friday, at 286 mm cm/day on average, compared to 324 mm cm/day on Thursday, following a partial interruption of Yamal flows (which finally averaged 42 mm cm/day on the day, down from 81 mm cm/day on Thursday). Due to planned maintenance works, Norwegian flows were also lower, averaging 327 mm cm/day, compared to 336 mm cm/day on Thursday.
Curve prices were more clearly down, continuing their downtrend and ignoring the slight increase in parity prices with coal for power generation
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