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GAS & POWER: The cold weather is lingering over Europe, with temperatures expected below average everywhere until Wednesday and the possibility of snowfall over the weekend. From the second half of the next, the possibility of a milder western flow seems to be strengthening, with possible effects also on the third ten days of the month. Wind generation capacity across Europe returns to averages.
In a communication dated January 7, ICE Futures Europe announced that trading hours will be extended for all UK power and gas products starting February 23. It will move from the current 07.00-17.00 (UK time) to 00.50-23.00. Despite the lengthening of trading hours, the settlement window will be maintained the same. In recent weeks, a similar change had also been discussed for products listed under the TTF reference, on which new developments are now expected.
In a communication dated January 7, ICE Futures Europe announced that trading hours will be extended for all UK power and gas products starting February 23. It will move from the current 07.00-17.00 (UK time) to 00.50-23.00. Despite the lengthening of trading hours, the settlement window will be maintained the same. In recent weeks, a similar change had also been discussed for products listed under the TTF reference, on which new developments are now expected.
