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Markets remain stable this morning despite an increase in demand - 11-10-2022

Close price: Markets closed yesterdays session slightly down, helped with sustained LNG deliveries and a falling carbon market. After reaching a new all-time high over
€98/t this week, carbon looked like it was heading towards €100/t, but the surge led to profit taking, bearish technical market signals and speculation of market intervention. As a result it has now dropped below €90/t.

Opening price: Markets are settled this morning. Demand has increased with colder temperatures, but wind generation remains strong. The markets are still waiting for clear direction over the Russia Ukraine conflict.