Power benchmarks climb higher for third consecutive week, gas prices lift substantially due to supply and demand-side dynamics, carbon EUA recorded its highest ever closing price last week, and more in this UK Energy Pricing report.
United Kingdom
Progress on vaccination plans and the stabilization of the number of new coronavirus cases diagnosed, seem to be pushing futures prices up in the energy Iberian markets.
Iberia
Carbon EUAs closing higher for fifth consecutive week, unvafourable weather fundamentals, natural gas prices remain steady, EU prepares for Phase 4 of Emissions Trading scheme.
Europe
Power benchmarks pushed higher for a second consecutive week, increase in local offtake for heating, amid a drop in temperatures, lifted NBP benchmarks higher week-onweek, carbon permits in longest winning streak since 2019.
United Kingdom
US natural gas inventories decreased by 1 Bcf for the week ending November 27, compared with the five-year (2015–19) average net withdrawal of 41 Bcf.
United States
Electricity and natural gas prices in Spain and Portugal, both in the futures and spot markets, seem to be stabilizing in the last few days after the upward trend seen in November and specially during the last ten days of the month.
Iberia