Late rebound of emissions prices push them back above 41€/t

The European power spot prices remained rather stable yesterday, slightly up in Germany, Belgium and the Netherlands on forecasts of lower wind production while French prices edged down amid expectations of better nuclear availability and stronger hydro generation. Prices reached 58.01€/MWh on average in the four countries, +0.93€/MWh day-on-day.

After a bearish morning, the EUA prices found some support around 40.80€/t and sharply rebounded at the end of the session, eroding all their early losses as they tracked a short-lived upward move of US equities. (more details in the “Prices” section).

The power curve prices were mixed on Wednesday, the short-term contracts being support by the stronger underlying gas prices while the early losses of emissions pressured the back end of the curve despite a late recovery.

eua-prices-equities
eua-and-oil-prices
Share this news :

You might also read :

ES-power
January 19, 2022

Calm session for the carbon and power markets

The European power spot prices retreated yesterday, pressured by forecasts of surging wind output and higher solar and hydro generation. The day-ahead prices averaged 196.07€/MWh…
ES-gas
June 25, 2021

No sign of abating in global gas prices

Despitesome intraday volatility, European gas prices continued to trend higher onThursday. A further rise in coal (new high for the API 2 Jul-21 contract) andEUA…
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? 

[booked-calendar]