Wholesale Gas and Electricity prices rose on Wednesday.
| Gas: Gas prices rose yesterday. In the prompt, below average temperatures forecasted for the first week of January supported demand. The US blockage of Venezuelan oil provided additional support from the wider energy complex for gas prices. Power: Power prices rose yesterday, tracking gains in the wider energy markets. Wind generation in the prompt is expected to create an above average of 14.8 GWs/day for the remainder of this week. Oil: Oil prices rose yesterday following the news that the US was preparing to deliver new sanctions on Russian oil if Russia does not agree to the Ukraine peace deal. Carbon (EUAs):The ICE Dec-26 closed at €86.80/t last night. The contract opened today at €86.66/t. Carbon (UKAs): The ICE Dec-26 rose to £60.71/t yesterday. The contract opened at £61.2/t today. |
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