07 September 2021

Market Price Assessment – PPA , GPA and Carbon Markets 7th 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%

Access the latest PPA pricing and energy market data by logging in to the New Stream energy data analytics page in the Client Dashboard.

Todays Insight.

Carbon Markets :
  • EUA carbon prices hit yet another new record at 63.19€/t yesterday on the back of gains across broader energy complex.
  • By late afternoon the EUA Dec contract was back below 63€/t eventually settling at 62.31€/t.
UK PPAs and Green Gas Market Fundamentals:
  • European gas futures push power contracts and PPA pricing higher.
  • Gas fundamentals have been tight for some time with latest moves up supported by a reduction in Russian pipeline flows.
  • Day ahead NBP gas is trading higher than yesterday this morning up at 108.5 p/th.
  • The front month NBP October gas contract increased by 3.660 p/th day-on-day (+2.81%), to 134.110 p/th.
  • UK spot power market was tight on low wind and cooling demand.
  • D-1 Power spiked to well over £500 MWh for peak periods on Monday.
  • EDF started two coal units at West Burton A power station in Nottinghamshire.
  • Wind power accounted for only 1.9 per cent of electricity generation for a brief period yesterday morning while coal accounted for 3.9 per cent.
  • Brent oil prices are around the $73/b level.
  • Broader fuels and commodities are supported by positive Chinese economic data and post Ida issues

This is just a sample of the in-depth pricing information we upload every morning into our Client Dashboard

To get your own access please get in touch with Tom Rees