Curve prices down on slightly lower clean fuel costs

NWE spot baseload power prices were slightly up yesterday, to €93.285/MWh on average for today delivery (compared to €89.703/MWh /MWh for Wednesday), supported by expectations of lower solar generation and higher demand.

EUA Dec’21 prices took a breather after their strong rebound of the previous sessions, closing at €56.54/t (-0.18% day-on-day).

Curve power prices were down, mirroring the slight drop in gas, coal and EUA prices. German Cal 2022 baseload prices closed at €82.57/MWh yesterday, -0.58% compared to the previous session. French Cal 2022 baseload prices were down by 0.06%, closing at €85.18/MWh.

Like clean fuel costs, curve prices could weaken today on profit taking. However, technical supports (€81.69/MWh on German Cal 2022 baseload) could contribute to limit losses.

Power market news
Share this news :
Share on twitter
Share on linkedin
Share on email

You might also read :

July 1, 2022

Prices maintain their bullish trend

European gas prices were up overall yesterday, still supported by uncertainties on Russian supply and LNG flows (following the shutdown of the US Freeport LNG…
July 1, 2022

Equity markets down 20-30% in H1

For the first time since the beginning of the year, US consumer spending contracted in real terms (deflated for inflation) in May, amplifying recession fears and the downward…
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!