The electricity market tightened again - linked in part to conflicting messages about electricity generation for the coming months. The natural gas market rose following forecasts of temperature drops. The price of Brent fluctuated very little.
France
The power market eased off last week, reacting positively to the European Commission's proposals to contain soaring energy prices. The natural gas market started the week strongly up before reversing mid-week. Brent crude oil fell last week as fears of a coming recession.
France
The energy markets relaxed last week, following the European Commission's stated willingness to apply urgent measures to stem the soaring prices. However, these policy measures won’t change the imbalance between supply and demand.
France
The electricity market literally "exploded" last week, driven by the unbridled rise of natural gas and the announced shutdown extension of 5 nuclear reactors. The market is indeed tighter as the 3 days of interruption scheduled for Nord Stream 1.
France
The electricity market has followed the upward trend in gas, coal and CO2 prices. Continued uncertainty about the future availability of French nuclear power plants continues to push prices up. The price of Brent crude oil rebounded at the end of last week as the gas crisis in Europe worsened.
France
Driven by natural gas prices, the electricity market exploded last week. The market is caught in a vice due to reduced gas flows via Nord Stream 1. France's Nuclear Safety Authority said earlier this week it would change rules about keeping nuclear power plants running during a heat wave.
France