- November 8th, 2016
How EDF’s Sinking Nuclear Output Sent Power Prices to Records
Extended outages at some of Electricite de France SA nuclear reactors have sent European power prices to records. ›
Extended outages at some of Electricite de France SA nuclear reactors have sent European power prices to records. ›
British wholesale gas prices fell on Tuesday as rising domestic supplies and stronger flows from LNG terminals left the market oversupplied, with weather warming towards the weekend. ›
French spot power price for day-ahead delivery fell 97 euros or 52.43 pct on Tuesday due to a forecast fall in demand and increased wind power output. ›
Oil prices were stable on Tuesday after posting strong gains the previous day when investors piled money into financial markets in expectation that Democrat Hillary Clinton would win the U.S. presidential election. ›
British wholesale gas prices climbed on Monday morning, boosted by increased demand due to colder weather and falling wind output. ›
Oil prices rose by over 1 percent on Monday, pushed up by a statement from the producers’ club OPEC that it was committed to a deal made in September to cut output in order to prop up the market. ›
NBP spot deflated Friday morning as higher Norwegian deliveries and imports from the continent pushed the system deep into oversupply, leaving the market seemingly comfortable with the colder-than-average weather that the weekend and the start of next week have in store for European gas markets. ›
French power prices hitting the Eur3,000/MWh maximum price cap this season has become “almost a certainty” amid the current environment of low nuclear availability as France braces itself for imports from more expensive neighbours such as the UK, Nicolaj Janss Lafond, senior cross-border trader at Engie, told the audience at the Emart conference in Amsterdam Friday. ›
Oil prices edged up on Friday, stabilizing after five straight days of falls, although a surge in U.S. crude inventories and doubts over the ability of producers to coordinate output cuts continued to keep a lid on the market. ›
Electricity & Gas prices continued their climb in October as problems with French nuclear output filtered through to the rest of Europe. ›