Warmer weather, tariff threats weigh on German front-year
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Forward-curve power contracts in Germany fell due to warmer weather forecasts and tariff threats, with the year-ahead baseload dropping 4.2% to 84.20 euros/MWh. The French equivalent also decreased by 3.4%. The European carbon market saw a 2.9% decline. EU ambassadors are working to prevent U.S. tariffs on Europe, which previously caused carbon prices to drop significantly. Meanwhile, German day-ahead power contracts rose 6.4%, while French contracts fell 15.5%. Wind power output in Germany is expected to decrease, while French generation is set to increase.
Source: Reuters The copyright of this article belongs to the original author/organization.
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