Europe & Russia Price trends

February 2017

Price trends

Late winter support has driven European day-ahead prices to seasonal peaks, but they are likely to ease.

Colder weather hit parts of Europe in early February at a time of tighter supply, forcing up day-ahead prices at the NBP and on the continent. The NBP day-ahead rose to nearly 61 p/th in early February, roughly 32 p/th higher than at the same time last year. Increased restrictions on the maximum withdrawal rates at the Rough storage facility in the UK have further limited the facility’s...

Log in or register for a free trial to continue reading this article

Already a subscriber?

If you already have a subscription, sign in to continue reading this article.

Log me in

Not a subscriber?

Sign up for 7-day trial access to this and more premium content. It's free.

Sign up now