Daily (22.04.2019): The energy complex was calm on Friday due to Easter holidays

22/04/2019 10:04 Daily

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The overall trade on energy markets was muted by the long weekend occasioned by Easter holidays. Oil, gas and carbon prices remained untraded, taking a pause before the resumption of the trading activity this week.

By way of exception, the European day-ahead power prices were mixed on Friday. The price for the German spot power contract traded 2% higher at 34.52 EUR/MWh, due to a sharp drop in the wind power supply. On the other side, the equivalent French contract price plunged by 16.5% to 30.31 EUR/MWh, weighed by low holiday demand amid steady nuclear availability.

 

Along the curve, electricity prices were untraded on Friday due to Easter holidays.

 

Daily (14.05.2019): NBP day-ahead price tumbled by 8.1% on Monday, due to milder weather forecasts

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