EnergyScan

Curve prices up on higher clean fuel costs

NWE spot baseload power prices weakened yesterday, to €112.303/MWh on average for today delivery (compared to €118.879/MW for Thursday), pressured by forecasts of higher wind generation (5596 MW for today in Germany, compared to 3151 MW yesterday).

EUA Dec’21 prices resumed their uptrend and closed at €61.52/t (+2.33% day-on-day), supported by the rise in the CO2 switching level between gas and coal in a context of lower auction supply.

Curve power prices followed the increase in clean fuel costs. German Cal 2022 baseload prices closed at €89.66/MWh yesterday, +1.77% compared to the previous session. French Cal 2022 baseload prices were up by 1.54%, closing at €92.50/MWh.

Like clean fuel costs, curve prices could continue to increase today. However, technical resistances (€90.52/MWh on German Cal 2022 baseload) could contribute to limit gains.

EnergyScan - Power market news

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

You might also read :

ES-gas
October 25, 2021

Mixed price evolution

European gas prices were mixed on Friday. Spot prices were slightly up, supported by below-normal temperatures. By contrast, curve prices were slightly down as the…
ES-economy
October 25, 2021

New Covid outbreak in China

While real estate is already expected to weigh negatively on the growth of the Chinese economy in Q4, a new wave of the variant delta epidemic is affecting 11…
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]