Rebound in European spot prices

  • Gas

European spot gas prices rebounded yesterday, wiping out some of their Friday losses.

Prices on the curve were more mixed as the impact of the slight increase in parity prices with coal for power generation was offset by the drop in Asia JKM prices.

On the pipeline supply side, Russian flows were very slightly down yesterday, at 328 mm cm/day on average, compared to 329 mm cm/day on Friday. The same for Norwegian flows, which averaged 300 mm cm/day, compared to 302 mm cm/day on Friday (still significantly below the maximum of 348 mm cm/day of early April).

ttf-cal-2022
Share this news :

You might also read :

ES-power
July 21, 2021

EUAs fell alongside the fuels and oil markets

The power spot prices slightly faded in northwestern Europe yesterday amid forecasts of weaker demand, stronger solar generation and higher French nuclear availability, although the…
ES-power
May 18, 2021

EUAs took a breath from last week’s rally

The European power spot prices remained rather stable yesterday, torn between expectations of higher power demand and weaker wind production, and forecasts of improved French…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

START A FREE TRIAL
Subscribe to our newsletter
LOG IN

Don’t have an account yet? 

Sign up here!
[booked-calendar]