The power market declined last week. Following the trend in natural gas, market players are optimistic that the general situation will improve. A leak on the Keystone pipeline in the US forced its shutdown, causing a rise in Brent prices.
France
Despite the drop in temperatures, the demand for electricity has decreased. Gas stocks are gradually decreasing as the cold wave settles-in creating a lift in the market. Fears of a deterioration in the global economy are strong causing a drop in the price of Brent.
France
Final Capacity bids for 2023 sets Capacity price at 60,000.00 €/MW. The results of the last capacity auction of the 2023 calendar year, which occurred on December 8th, are out.
France
The power market rose last week, driven by natural gas prices and carbon prices. As temperatures fall, thermal power plants in Europe are being stretched. The price of Brent crude oil fell slightly.
France
A review of the latest ARENH Demand for Calendar for 2023 from the Committee for Energy Regulation (CRE).
France
Energy demand is higher on the short-term market. European players are becoming attentive to French nuclear production. The market reacted to the first withdrawals from underground gas storage. Fear of an economic slowdown and lower demand for oil are growing.
France