High fuel and carbon costs shave gas profits, coal mired in red

摘要

A rise in power prices in Germany and the UK failed to improve the profitability of both coal and gas fired power plants due to steeper rises in fuel costs and high carbon prices. The profits of gas-fired plants shrank in both countries, while coal margins were further deep in red over the fortnight. In Germany, power prices rose over the fortnight by 10%, averaging around EUR41.68/MWh for the week ending 12 July, from EUR37.83/MWh two weeks ago. EU carbon prices rose by 2% to EUR26.50/t for the week ending 12 July, from EUR26.06/t two weeks ago.