|Gas prices were pushed higher yesterday, amid lower temperatures and a strong rebound in Brent oil prices. Norwegian flows increased and demand was expected to be lower on the back of forecasted higher temperatures.
|Curve prices tracked a small rebound in oil prices yesterday. Solar generation was limited and wind production was expected to fall below average levels.
|Fundamentals remain tight this morning with weak Norwegian flows making the system short, despite lower demand due to higher temperatures expected at the weekend. Spot and near-curve prices could maintain their bullish momentum. Far-curve prices could be supported by oil prices.
|Power prices have again opened higher this morning across the majority of the curve, in line with the majority of fuel prices. Day-ahead prices did however open lower amid forecasted stronger solar generation and weaker short-term demand. Cooling demand is expected to rise as we approach June.
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