UK PPAs and Green Gas Market Fundamentals:
- European gas futures continue to push power contracts and PPA pricing higher.
- D-1 Power spiked again to well over £1000 MWh for peak periods.
- Day ahead NBP gas is trading higher than yesterday this morning up at 163 p/th.
- The front month NBP October gas contract is trading up at 165 p/th.
Carbon Markets :
- EUA carbon prices are around 61€/t supported by gains across broader energy complex.
- The EUA price had sharply rebounded from Friday’s fall on Monday morning, driven up by another surge of gas prices.