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 :

July 1, 2022

Prices maintain their bullish trend

European gas prices were up overall yesterday, still supported by uncertainties on Russian supply and LNG flows (following the shutdown of the US Freeport LNG…
July 1, 2022

Equity markets down 20-30% in H1

For the first time since the beginning of the year, US consumer spending contracted in real terms (deflated for inflation) in May, amplifying recession fears and the downward…
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!