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
The European power spot prices remained overall stable yesterday as the expectations of increased French nuclear generation offset the forecasts of slightly weaker wind and solar production. The day-ahead prices hence reached 80.31€/MWh, +0.92€/MWh day-on-day.
The EUAs extended their retreat at the market open yesterday as supply concerns and a weak auction continued to pressure the market. The technical resistance and rebounding gas and equities however managed to quickly cap the losses and the carbon prices hovered around 51€/t for the remaining of the day.
The early weakness of the carbon market weighed on the power forward market as well, with the power prices subsequently posting rather hefty losses along the curve in the morning before slowly recovering afterward alongside the gas market.
Get more analysis and data with our Premium subscription
Ask for a free trial here