German forward contracts dip with falling carbon prices
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German year-ahead power contracts fell 0.4% to 85.89 euros/MWh, influenced by declining carbon prices, which dropped 1.2% to 82.99 euros/ton. The French equivalent remained untraded. Analysts noted the carbon market's decline is linked to a broader equity selloff. Wind power generation in Germany is expected to rise, while demand is forecasted to decrease. Additionally, French Prime Minister Lecornu used constitutional powers to advance the 2026 budget bill, potentially leading to further political instability.
Source: Reuters The copyright of this article belongs to the original author/organization.
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