Flash - ARENH Demand for Calendar Year 2023
A review of the latest ARENH Demand for Calendar for 2023 from the Committee for Energy Regulation (CRE).
FranceA review of the latest ARENH Demand for Calendar for 2023 from the Committee for Energy Regulation (CRE).
FranceEnergy 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.
FranceThe electricity market fell last week. Nuclear production has improved slightly, with the return of the Chinon 3 reactor. Natural gas prices rose slightly last week, while the price of Brent fell sharply.
FranceHydroelectric power production has been on the rise in recent days, which reassures the market, in a context where temperatures have remained very mild so far. Nuclear production remains stable. Future oil demand remains uncertain.
FranceMild temperatures and a very low demand for electricity caused the power market to decline last week. Gas stocks are still high. Despite he Chinese economy, oil prices remained bullish.
FranceThe power market fell last week after RTE forecast a 3-4% drop in consumption, 100% full gas stocks for this winter gives a good signal. The Minister of Economy confirmed last Thursday the ARENH cap. The price of Brent fell last week, before rising again on Friday
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