Price Report for Thursday 13th May 2021

Market Commentary: 

  • Quite volatile day for carbon and gas.

  • Carbon opened almost flat to yesterday’s all time high, but quickly reduced and traded as low as 53.21, which was 2 eur/tonne down as some profit taking took place before recovering in the afternoon.

  • Oil prices reduced by 3% as US fuel pipeline restarted operations after cyber-attack and further pressure comes from mounting number of Covid 19 cases in India.

  • Front season NBP price followed similar pattern to carbon dipping until midday and recovering to yesterday’s close. UK power curve saw more than of 240 MW of Q3-21 and W21 traded with smaller volumes traded up to S24.

End of Day Seasonal Prices:

Seasonal Power Prices:

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(Updated 09:30, Friday, 14th May 2021)

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