German Energy Pricing Trends - 12 Feb. 2021
Cold weather drove increased electricity and natural gas prices. CO2 rose to all time highs, and oil rose sharply. Coal prices remained mostly stable with a small increase of 1.5%
GermanyCold weather drove increased electricity and natural gas prices. CO2 rose to all time highs, and oil rose sharply. Coal prices remained mostly stable with a small increase of 1.5%
GermanyPower prices guided by falling gas pricing and concern amid slow vaccine rollout. LNG imports recovering caused pressure on gas prices, EUAs push above €40/tonne for the first time. Global equity benchmarks help push crude oil prices higher.
EuropeLonger term contracts push higher, in line with EUAs. LNG imports recover, and record high carbon prices encourage coal-to-gas fuel switching. Crude oil benchmarks pushed higher, could see more demand.
United KingdomCO2 price (Dec-21) increased by 1,49 EUR/t WoW to level 38,76 EUR/t. This week price briefly attacked and exceeded 40,00 EUR/t level! Brent price (Apr21) increased by 1,3 USD/bbl WoW to 61,14 USD/bbl but today price easened a bit and is trading below 61,00 level.
Czech Republic & SlovakNow is most certainly the time to think LONG TERM. The days of “cheap” gas and power are getting further and further behind us. Protecting future bottom lines and budgets is critical at this juncture.
United StatesJanuary saw a rise in Poland's electricity futures compared to the previous month. CO2 pricing hit all time highs exceeding 35 EUR / ton. Natural gas futures also rose on the expectation of colder weather forecasts.
Poland