EnergyScan

EUAs inched up amid mixed directions from the fuels and financial markets

The European power prices climbed above the clean coal costs for today, lifted by forecasts of below normal temperatures strengthening the power demand and limited wind and solar generation. Prices reached 65.33€/MWh on average in Germany, France, Belgium and the Netherlands, +3.80€/MWh from Friday.

The EUAs traded rangebound on Friday with rather thin exchanged volumes, torn between fading gas prices and stronger equities to eventually settle nearly flat from Thursday.

The power curve prices were mixed over the last session of the week, with the short-term contracts posting gains on an downward revision of temperatures forecasts while the back end of the curve tracked the lower underlying gas prices.

european-power-front
Share this news :
Share on twitter
Share on linkedin
Share on email

You might also read :

ES-power
January 29, 2021

EUAs rose amid stronger energy complex

The warming temperatures and soaring wind output continued to pressure the European power spot prices yesterday which fell to 48.84€/MWh on average in Germany, France,…
ES-gas
July 20, 2021

European prices extended gains

European gas prices extended gains yesterday, supported by rising temperatures, ongoing weak supply and strong Asia JKM prices (+2.59% on the spot, to €41.291/MWh). On…
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]