Spanish Forward Gas Update – 21/01/2021
On the last day reported on the Spanish forward gas market (January 20th), month and quarter-ahead prices decreased while long term reference price was stable.
On the 20th, 65 GWh were traded for delivery in Feb-21 and 6.2 GWh were traded for delivery in Mar-21.
Regarding reference prices:
Feb-21 price decreased to 23.16 €/MWh (-0.34 €/MWh).
Q2-21 price moved down to 17.52 €/MWh (-0.34 €/MWh).
Cal-22 price remained stable at 17.85 €/MWh.
On the 20th, Brent barrel price increased to 56.08 $/bbl (+0.18 $/bbl) and CO2 Dec-21 price went down to 32.91 €/t (-0.18 €/t).
On the European gas markets: on the 20th TTF MA price increased to 20.33 €/MWh (+0.06 €/MWh) and PEG MA price went up to 20.43 €/MWh (+0.01 €/MWh). TTF Cal-22 was traded at 16.59 €/MWh.