𝐒𝐢𝐠𝐧𝐢𝐟𝐢𝐜𝐚𝐧𝐭 𝐚𝐬𝐩𝐞𝐜𝐭𝐬 𝐨𝐟 𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐦𝐚𝐫𝐤𝐞𝐭𝐬 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐰𝐞𝐞𝐤 𝐨𝐟 𝐃𝐞𝐜𝐞𝐦𝐛𝐞𝐫 30: Weekly prices exceeded €85/MWh in most major European #electricitymarkets. In the #MIBEL market of Spain and Portugal, the #IPEX market of Italy and the #NordPool market of the Nordic countries, prices increased compared to the previous week. In contrast, in the #EPEXSPOT markets of Germany, France, Belgium and the Netherlands, and in the British #N2EX market, prices decreased. Most markets registered low prices on January 1, with the German market’s price, €0.95/MWh, being the lowest. This price was the lowest since December 26, 2023, in the German market. #Wind energy production increased in most major European markets compared to the previous week. Portugal and France registered the second highest wind energy production in their history. #Solar #photovoltaic energy production decreased in the main European electricity markets compared to the previous week. Electricity #demand increased in most major European electricity markets compared to the previous week. #TTF #gas futures prices in the #ICE market for the Front-Month increased. On January 2, the settlement price, €50.20/MWh, was the highest since October 31, 2023. #CO2 emission allowance futures in the #EEX market for the reference contract of December 2025 remained above €70/t and surpassed €75/t in the first two sessions of January. On January 3, the settlement price, €75.94/t, was the highest since June 4, 2024. #Brent #oil futures for the Front-Month in the ICE market registered price increases in the first week of January. On Friday, January 3, they reached their weekly maximum settlement price, $76.51/bbl, which was the highest since October 15, 2024. For the second week of January, our #forecasts indicate that prices will reverse their trend compared to the first week of the year in most major European markets. In the Spanish, Italian and Portuguese markets, prices will decrease due to increased wind energy production, while the rest of the markets will register price increases. https://lnkd.in/gZpRDJ-S
