Spanish Forward Gas Update – 15/03/2021

On the last day reported on the Spanish forward gas market (March 12th), reference prices moved up in all maturities due to the upward pressures in European gas markets.

Apr-21 price increased to 17.73 €/MWh (+0.21 €/MWh).

Q2-21 price went up to 18.05 €/MWh (+0.25 €/MWh).

Cal-22 price moved up to 19.08 €/MWh (+0.15 €/MWh).

On the 12th, Brent barrel price was 69.22 $/bbl (-0.41 $/bbl) and CO2 Dec-21 price moved up to 42.85 €/t (+0.95 €/t).

On the European gas markets: on the 12th TTF MA price increased to 18.45 €/MWh (+0.31 €/MWh) and PEG MA price went up to 18.25 €/MWh (+0.28 €/MWh). TTF Cal-22 was 18.11 €/MWh (+0.18 €/MWh).


luca.bai@k4view.com