Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rocket domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/befikry/energyscan.befikry.com/wp-includes/functions.php on line 6121
EUAs hit new record on combination of bullish factors – EnergyScan

EUAs hit new record on combination of bullish factors

The power spot prices were mixed in north western Europe yesterday, the 5 to 6°C below normal temperatures supporting the prices in France and Belgium while the forecasts of stronger wind output slightly pressured the German and Netherlands prices. Decoupled, the day-ahead contracts ranged from 54.15€/MWh in the Netherlands to 83.62€/MWh in France and up to 104.86£/MWh in the U.K.

The EUA prices climbed to a fresh intraday record of 44.62€/t yesterday, driven up by the cold temperatures, weak renewable generation, late compliance buying, a strong auction result and bullish gas prices which offset the neutral to bearish financial markets.

Lifted by the bullish gas and carbon markets, the power prices posted hefty gains along the curve over the first session of the week, with the largest observed on the short-term contracts.

european-power-front
Share this news :

You might also read :

ES-gas
April 5, 2022

Mixed price evolution

European gas prices were mixed yesterday. They dropped on the spot and the near curve, pressured by forecasts of higher temperatures and comfortable pipeline supply.…
nergyScan, ENGIE, webinar, energy markets, commodities, news
March 19, 2025

Decoding the new European Carbon Market ETS2

The EnergyScan team held its first thematic webinar covering key trends and events on energy markets. In this webinar, our experts addressed the following topics,…
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]