|Market Close||Market Close|
|Despite higher-than-expected demand due to cool weather, European gas spot and near curve prices weakened yesterday, pressured by forecasts of higher temperatures in the coming days.||Far curve Power prices were relatively stable yesterday, with coal prices falling marginally. Emissions prices did rebound during the session.|
|Market Open||Market Open|
|UK Gas prices have risen this morning, on the back of reduced flows and falling oil prices. The system opened short as Langeled flows have reduced ahead of a full production cut tomorrow, resulting in drops in Norwegian flows to the UK.||UK Power prices have also risen this morning, taking direction from the rising UK Gas prices. Carbon prices have also risen, providing support to the curve. There is a small French nuclear delay today; however wind levels are improving which is limiting any potential rises.|
For a breakdown of the current generation mix visit our Power Generation Insights page.
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