France’s Rising Energy Prices - 24 Feb. 2022

Ukraine-Russia conflict : Impact on energy markets

Following Russia's attack on Ukraine early this morning, prices on European energy markets have soared.

At 4pm, Brent crude oil was at 103.05 $/b, up from 97.56 $/b last night.

Concerning power market, the French Baseload Calendar 2023 product closed yesterday 184.50 €/MWh, and  is now at 209.50 €/MWh.

On the natural gas side, the TTF Calendar 2023 product has risen from 62.30 €/MWh yesterday evening to 80.00 €/MWh at 4pm today.

Given the current geopolitical tension, these prices are likely to remain high over the coming weeks.

We will continue to keep you informed of their evolution through our weekly newsletters.

The information above is an excerpt from the applicable report referenced above. For a full and complete copy of this report please complete the form below, sign up for our newsletters or schedule a virtual meeting at your convenience.

Get The Full Report Delivered To Your Inbox

Fill out the form below and we'll send you the full report.

1 Your Details

2 Company Details

By submitting this form you agree to let NUS follow up with you related to your inquiry. Your information will be used for these purposes alone, we never buy, sell, or trade your personal data. For more information, please see our Privacy Information.