The European power spot prices edged up yesterday as the higher fuels and emissions price combined with the expectations of stronger power demand offset the forecasts of rising wind output. Prices hence reached 90.93€/MWh on average in Germany, France, Belgium and the Netherlands, +2.54€/MWh day-on-day.
The lingering and strengthening support from the tight gas market and a report on a draft of the carbon market’s reforms to come lifted the carbon prices for the seventh consecutive day.
As usual the power curve prices tracked the variation of the underlying gas and emissions prices and rebounded from an early weakness to post slight daily gains.
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