Montel Logo

    Select your prefered language:

  • * Turkish edition by Montel-Foreks requires separate trial access or subscription.


Technical maintenance

All Montel services are currently unavailable due to planned technical maintenance.

German power nears all-time high on soaring gas, CO2


01 Sept 2021 13:10

Isaac Bah


01 Sept 2021 13:10

(Montel) Germany’s front-year power was rising on Wednesday and could surpass its all-time high later this week amid record high gas and carbon prices.

The Cal 22 was last seen up EUR 0.95 at EUR 88.50/MWh on the EEX. Earlier in the session it reached EUR 89.30/MWh, its highest price since July 2008 when the current peak of EUR 90.80/MWh was recorded.

“From a technical viewpoint, there is still room to go further up. Even if we see another setback the overall situation remains bullish,” said an Austria-based trader. 

“CO2 is strongly…

Share this article on:

URL copied!

English newswire snapshot

Montel uses cookies to improve this website. By continuing to use our website you agree to our use of cookies. Read more about cookies and our privacy policy.