15 September 2021

Market Price Assessment – PPA , GPA and Carbon Markets 15th September 2021

  • Brent ICE 1st nearby ($/b) 79.53 7.59%
  • TTF ICE Month-Ahead (€/MWh) 76.51 1.19%
  • TTF ICE Cal 2022 (€/MWh) 48.37 5.31%
  • NBP ICE Month-Ahead (p/th) 190.38 -.38%
  • Henry Hub NYMEX ($/MMBTU) 5.71 14.46%
  • NE Asia LNG JKM Platts ($/MMBTU) 28.90 9.29%
  • API 2 ICE Cal 2022 ($/t) 149.06 18.25%
  • DE EEX Base Cal 2022 (€/MWh) 113.91 8.18%
  • FR EEX Base Cal 2022 (€/MWh) 118.32 8.05%
  • EUA ICE Dec'21 (€/t) 64.37 6.08%
UK PPAs and Green Gas Market Fundamentals:
  • European gas futures continue to push power contracts and PPA pricing higher.
  • D-1 Power spiked again to well over £1000 MWh for peak periods.
  • Day ahead NBP gas is trading higher than yesterday this morning up at 163 p/th.
  • The front month NBP October gas contract is trading up at 165 p/th.
Carbon Markets :
  • EUA carbon prices are around 61€/t supported by gains across broader energy complex.
  • The EUA price had sharply rebounded from Friday’s fall on Monday morning, driven up by another surge of gas prices.