Power prices posted moderate gains on slightly stronger underlying gas prices and steady EUAs

The power spot prices continued to drop in north western Europe yesterday amid weakening power demand and sharply rising wind output. Prices reached fell by 10.66€/MWh to 41.25€/MWh on average in Germany, France, Belgium and the Netherlands.

The EUA prices traded rangebound on Thursday with thin exchanged volume ahead of the Easter holiday weekend as the market unsurprisingly did not react to the 2020 emissions preliminary data publication.

Driven up by stronger gas prices and a midday rebound of emissions, the power prices posted slight gains along the curve yesterday.

european-power-front-year-and-carbon-prices
Share this news :

You might also read :

ES-gas
July 23, 2021

Mixed European prices

European gas prices were mixed yesterday. Spot prices were slightly down, pressured by lower demand. By contrast, curve prices were rather up, more sensitive to…
ES-gas
April 21, 2021

European prices mixed yesterday

European gas prices were mixed yesterday, torn between the impacts of ongoing tight balances on the one hand and profit taking by financial participants on…
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]