Energy Market Highlights: To read the prior week’s European Energy Market Update, please follow the link here.

Energy Market Highlights:

Energy Market Highlights: The European power prices decreased this week due to stable gas and bearish coal prices. However, the market remains still nervous about the near future. According to recent reports, several nations are writing a letter to the EU requesting it look into gas price limitations due to inflationary pressures. The EU Commission

Energy Market Highlights: Power and Gas prices in Europe declined from their peak in Aug’22. German Cal23 baseload power contract felt >50% since then. Nevertheless, the power and gas market for the upcoming winter in Europe remains very tight. Although the gas storage in Europe is approaching its maximum capacity, i.e. 87% capacity this week,

European Energy Market Highlights: European electricity prices dropped this week following the EU Commission’s announcement to redesign the electricity market mechanism amid the skyrocketing power price. Y+1 German power contract decreaed about -50% from its high of 1.000 EUR/MWh last Fri. EU gas storage reached 81% capacity this week ahead of the original plan. However,

Weekly Energy Market Highlights: To read the prior week’s European Energy Market Update, please follow the link here.

Weekly Energy Market Highlights: Electricity markets continued their upward trends last week on the back of bad news on the weather front regarding the delivery of Russian gas to Europe or even the output of the nuclear power plant in France.  TTF Y+1 gas price reached a new high at 200 EUR/MWh last week. With

Weekly Energy Market Highlights: To read the prior week’s European Energy Market Update, please follow the link here.

Weekly Energy Market Highlights: Gas TTF Y+1 contract increased by around 20% WoW after the Gazprom announcement to reduce the gas flows via Nord Stream 1 to 20% capacity from Wednesday onwards. LNG gas supplies to the European continent remain strong in July, helping restore gas storage to 67% capacity this week. The German government

Weekly Energy Market Highlights: Gas prices decreased this week due to the restart of Nord Stream 1, but concerns persist over the future of Russian gas supplies to Europe. The gas stocks in Europe continued to recover to 66% capacity this week. The European Commission has asked European Union member states to slash their gas