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-oil
October 13, 2021

China’s energy crisis in focus

Crude prices remained supported, with ICE Brent futures above 83 $/b for the Dec-21 delivery. The energy crisis in China is likely to prompt further…
ES-gas
May 24, 2022

Spot prices up on lower pipeline supply

European spot gas prices increased yesterday, supported by lower pipeline supply. Indeed, Norwegian flows dropped to 305 mm cm/day on average (compared to 325 mm…
ES-oil
January 25, 2021

Physical grades weaken

Brent futures prices were stable at 55.5 $/b for the prompt future contract amid growing concerns over new lockdowns, as Hong Kong declared a 2-day lockdown,…
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]