Power and carbon prices pursued their retracement on Friday

The weak wind production and increasing power demand due to the lowering temperatures maintained the power spot prices for today at decent levels in northwestern Europe. The day-ahead prices average 178.95€/MWh in Germany, France, Belgium and the Netherlands, -24.89€/MWh from Friday.

The carbon prices fell below 60€/t on Friday as the gas market continued to retreat over the last session of this particularly volatile week. The 58€/t support seems however to have once again capped the losses, and the EUA Dec.21 contract eventually settled at 58.33€/t, -2.04€/t from the previous day and -3.71€/t (-6%) week-on-week.

The power curve prices unsurprisingly tracked the fading carbon and gas prices and posted rather hefty losses along the curve.

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

You might also read :

October 22, 2021

Asian weakness in fuel oil markets

Crude prices corrected, with ICE Brent Dec21 contracts back to 84.3 $/b, as diesel cracks in Europe weakened momentarily, due to a 1.3 mb diesel…
October 22, 2021

Prices weakened on sharply lower coal prices

European gas prices weakened yesterday, pressured by the sharp drop in coal prices (which pulled parity prices with coal for power generation significantly down) as…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Don’t have an account yet?  Sign up here!