EnergyScan

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
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