Moderate temperatures and mild forecasts increase power demand, carbon prices, while pressuring gas pricing downward. Poland sees first EUA auction with prices settling at a premium. Oil pushes higher, nearing $60 per barrel as vaccine rollout continues.
United Kingdom
Strong winds ease pressure on UK power grid resulting in tumbling day-ahead pricing. Natural gas pushes higher week-on-week, reclaiming lost ground. Energy complex pricing reflects the price action of EUAs with little UK-specific information in circulation.
United Kingdom
Bullish energy market, underpinned by cold weather, reverses sharply. The U.K. front month gas contract reaches its highest level since 2008. Carbon’s sharpest weekly price drop since March 2020; Brent closes lower week-on-week.
United Kingdom
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
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
Announced easing of national lockdown measures lift U.K. power benchmarks, gas contracts across the curve, with EUAs reaching a fresh two-month high on Friday.
United Kingdom