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The power spot prices in northwestern Europe for today remained almost steady compared to Friday as the slightly weaker French nuclear and hydro generation should offset the rising wind and solar production. The day-ahead prices hence reached 88.39€/MWh on average in Germany, France, Belgium and the Netherlands, only +0.23€/MWh from Friday but +10.76€/MWh from the previous week as it was marked by a much stronger wind output.
The rising gas prices amid low storage levels and high demand continue to lift the carbon market on Friday by further improving the competitivity of the more-emitting coal power plants over the gas ones, before emissions slightly retreated in the afternoon on pre-weekend profit-taking.
Buoyed by the bullish gas and emissions markets, the power curve prices extended their rally over the last session of the week, with most of the contracts reaching levels not seen in more than a decade.
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