Electricity prices have fallen significantly, the background is poor economic outlook, problems with vaccine production, rising corona infection numbers and stronger lockdowns.
Gas prices fell due to milder temperatures again and a low level of LNG deliveries to Europe.
After an initial significant increase of over € 35 / t, prices fell significantly on Wednesday. Mild temperatures and profit-taking / sell-offs occurred.
Oil prices fell in the wake of the generally tense mood on the market and the upcoming production cut, which was announced by OPEC + for February.
Coal prices also lost compared to the previous week. Concerns about the lockdown of Chinese cities over the coronavirus outbreak impacted prices. The prospect of lower coal demand dominated the market environment.
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