The power market rose sharply - the discovery of a deep crack in the piping of the Penly 1 reactor, as well as new cracks in four other reactors have forced EDF to review maintenance schedules. The US FED has issued a warning of recession, bringing Brent prices down.
France
The electricity market declined last week, following the same trend as the natural gas market. France has largely imported electricity from its neighbours to meet the increased demand. Oil saw an increase in prices with a recovering Chinese industrial sector.
France
National electricity demand has been stable for several days but production is struggling. US LNG supply is expanding. The price of Brent crude oil closed on an upward trend.
France
Although the price of natural gas is down, the price of CO2 has increased significantly following the adoption of the Green Deal Industrial Plan by the European Parliament. Brent was mostly stable.
France
National demand for electricity was up due to the lower temperatures of the last few days. The natural gas market declined - gas stocks are high and weather forecasts predict a sharp rise in temperature. The price of Brent rose.
France
The power market rose last week, driven by natural gas and carbon prices. The market price is expected to remain high in the short term with the onset of a new cold snap. Natural gas markets were slightly bullish, and the price of Brent crude oil fell sharply.
France