Monetary tightening leads to a major banking crisis
Macro & Oil Podcast #31 In this week’s Macro & Oil report of the EnergyScan podcast, Olivier Gasnier tells us about the Silicon Valley Bank…
The European power spot prices remained stable yesterday amid forecasts of mostly unchanged renewable production and power demand. Prices reached 77.86€/MWh in Germany, France, Belgium and the Netherlands, -0.69€/MWh day-on-day.
The EUAs traded rangebound just above 53.20€/t for most of the day on Thursday, but managed to post slight gains at the end of the session before settling at 53.78€/t, +0.27€/t day-on-day.
Lifted by the rising underlying gas prices, the power prices extended moderate gains along the curve yesterday.
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