Electricity prices: Upside Potential on the Horizon

The Dutch wholesale electricity price to see a gradual increase on the back of tighter commodity markets moving forward. Coal power generation to witness some upside potential as coal-to-gas switching frequency decreases. Oversupply of LNG on the European market is pushing down gas prices… but storage limitations and increased demand will gradually tighten the market. Fuel switching and a tighter market for carbon allowances will continue to set the carbon emission price.