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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
POWER
The latest cross-border capacity (CBC) auctions for delivery in June on the Joint Allocation Office (JAO) in the Belgium-German direction closed at a lower price on the month, with prices in the other direction climbing, data from JAO show.
- All 140MW of offered capacity in the Belgium-German direction was allocated at €15.40/MWh, down from €21.15/MWh also for 140MW for May delivery.
- In the other direction, 140MW of offered capacity was allocated at €2.56/MWh, up from 139MW at €1.88/MWh for May.
- Belgium has been a net export position to Germany so far in May at an average of around 455MW, up from 344MW in April and yearly high.
- Belgium-Germany June spread closed at €15.08/MWh discount on 22 May, down from -€16/MWh from the previous day.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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