German Energy Pricing Trends - 25 July 2021

Market Intelligence :: Weekly Energy Reports :: Germany

German Electricity Pricing | 25 July 2021

In the reporting week, electricity prices were slightly higher for the front year and also slightly higher for the following year 2023 than in the previous week. OPEC + agreed on a new funding policy and decided to further reduce the restrictions. The CO2 market and the Electricity futures trading with falling prices in order to take the countermovement. In a weekly comparison, the Cal22 stood at € 72.30 / MWh (+1.29 %) and the Cal23 at € 63.88 / MWh (+ 0.80%).

German Natural Gas Pricing | 25 July 2021

Gas prices rose slightly over the past week. The agreement between the German and the US American government on Nord Stream 2 had no dampening effect on gas trading prices. The trading prices for gas in Southeast Asia rose significantly, the above on the European trading prices. The settlement price was on July 26th for the Cal22 at € 26.055 / MWh (+2.28%) and for the Cal23 at € 19.981 / MWh (+2.24%).

German CO2 Pricing | 25 July 2021

CO2 prices first climbed last week and then fell again briefly to € 49.99 / t and found themselves at the same level of buying interest. The December 2021 contract closed on July 26, 2021 compared to July 19, 2021 at € 53.19 / t (+1.47%).

German Oil Pricing | 25 July 2021

Oil prices have increased compared to last week. This was mainly due to the high level of consolidation, and the price of coal closed the week with a plus.  However, the main price driver remains the high demand from Asia, especially China. In our Monday to Monday comparison, the price for the barrel of the North Sea Brent on July 26th, 2021 was even at USD 73.96 / bbl (+7.63%).

German Coal Pricing | 25 July 2021

The price of coal rose in the Reporting week slightly. Demand from Asia, especially from China, continues to support prices. On July 26th the API2 CIF ARA 2022 weekly was higher at $ 94.41 / t (+ 0.99%).