Weekly Energy Reports
Record-low Nordic prices, amid mild and wet weather, net LNG imports into northwest Europe total 2.9 million cubic meters, COVID-19 vaccine progress continues to improve the oil demand outlook.
Bullish power market headwinds, higher winter gas demand, oil rises to its highest in nearly three months this week - all fueled by the salience of several effective coronavirus vaccines.
The average price of CAL 21 was 42,93 €/MWh, a increase of 0,89 €/MWh in comparison with last week. CAL 21 pricing increased by 0,25 €/MWh in relation to the previous week, and more.
Norwegian and Swedish hydro levels climbed week-on-week to 90% of capacity, European gas futures shrugged off bullish, vaccine related sentiment, while stock indexes leapt higher.
Seasonal U.K. power contracts pushed lower, expanding LNG delivery schedule, oil benchmarks extend their recovery, and more in our weekly energy report.
Monthly Energy Reports
November electricity prices decrease on average at 3,48 €/MWh for CAL 21 and 2,14 €/MWh for CAL 22. Carbon prices decreased on average by 2,61 €/MWh and culminated at 25,17 €/MWh, and more.
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