Strong price rise on the spot and the curve

European spot gas prices increased strongly yesterday, supported by higher gas demand due to the drop in temperatures below normal and lower wind power generation.

The rise has spread to curve prices, which received additional support from the rise in Asia JKM prices and parity prices with coal for power generation (both EUA and coal prices were up).

On the pipeline supply side, Norwegian flows were up yesterday, averaging 290 mm cm/day, compared to 284 mm cm/day on Friday. Russian flows remained stable at 331 mm cm/day on average.

TTF-cal-2022
Share this news :

You might also read :

nergyScan, ENGIE, webinar, energy markets, commodities, news
March 19, 2025

Decoding the new European Carbon Market ETS2

The EnergyScan team held its first thematic webinar covering key trends and events on energy markets. In this webinar, our experts addressed the following topics,…
ES-power
March 4, 2022

Quiet day for the carbon market

The European power spot pruces continued to increase yesterday, supported by the wind shortage despite a weaker demand expected today and slightly lower clean gas…
ES-gas
April 26, 2021

Sharp drop in European prices

European gas prices fell sharply on Friday, pressured by the upward revision of temperatures and technical selling. The drop in Asia JKM prices and parity…
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? 

[booked-calendar]