EUAs rebounded after an early weakness
- Power
- June 29, 2021
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.
Share this news :
You might also read :
Macro & Oil Podcast #61 In this week’s Macro & Oil report of the EnergyScan podcast, OG tells us what to take away from the…
July 24, 2023
Last rate hikes for the Fed and ECB
Macro & Oil Podcast #60 In this week’s Macro & Oil report of the EnergyScan podcast, OG tells us markets have revised down their expectations…
July 20, 2023
Energy prices looking for direction amid scorching weather in the US and southern Europe
Gas & Power Podcast #59 In this week’s podcast, Julien Hoarau discusses about the impact of the heatwave on energy demand in southern Europe and…
Subscribe to our newsletter