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Wind generation picking up

Close price: Prices closed higher, recovering around half of Friday’s losses. Carbon rose with a reduction in auction volumes, along with the prospects of increased coal power generation.

Opening price: Near curve prices are pressured down with a gig pick up in wind generation, which was as low as 2% of the energy mix, now out turning 45%. Further out, prices are still moving higher, with Russia claiming sanctions prevent it from doing anything to fix Nord Stream 1.