France Energy Pricing Trends - April 2021

Electricity – EEX Baseload Futures

During the month of April, electricity prices continued to rise, driven by higher carbon prices. The increase is on average 1.83 €/MWh for CAL 22 and 0.90 €/MWh for CAL 23.

Carbon – EUA Futures

Prices for CO2 emission quotas rose more sharply in April and reached a new milestone at the end of the month, 48.74 €/t. On May 19th, the UK will open its own carbon trading system. This could have a positive impact on the European carbon market. On a monthly average, prices increased by 4.38 €/t in April.

Natural Gas – EEX PEG Futures

After a fairly stable start to the month, gas prices rose again and culminated at the end of the month at a high of 19.78 €/MWh, supported by coal prices and an ever-present global demand for LNG. Prices increased on average monthly by 0.96 €/MWh for CAL 22 and by 0.48 €/MWh for CAL 23.

Fuel – London Brent Spot

OPEC decided on April 1rst to maintain the oil production increase in May. This announcement did not have a significant downward effect on prices, which increased from mid-April onwards. This could reflect a sign of optimism in economic activity, following stimulus announcements vaccination campaigns, etc. The price of a barrel of Brent fell on average monthly by 0.22 $/bbl. The average daily oil price per barrel was 65.36 $/bbl. At the beginning of the month, the price per barrel was 64.64 $/bbl.

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.