Power - German Baseload (EEX) Prices

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    January 30, 2026

    Why are Power - German Baseload (EEX) Prices so high?

    30-01-2026 - Over the past month, the price of German Baseload (EEX) has risen from €97.4/MWh to €109.89/MWh, indicating a strengthening market for this commodity. This increase may reflect changes in demand or supply dynamics. The forecast predicts a further rise to €115.62/MWh, an increase of €5.73/MWh or 5.2% from the current price of €109.89/MWh, suggesting heightened risk in raw material pricing.

    The forecast attributes this upward price pressure mainly to Flows data, particularly Exchange Rates, which have a €2.85/MWh impact. Demand data also supports this upward trend. However, Technical data presents a contrasting view, indicating potential downward pressure, which results in mixed signals for raw material prices.

    In contrast, an analysis by Vattenfall offers a bearish outlook for the EEX Power market in December 2025. Despite the initial bullish trends in the spot electricity market, driven by cooler temperatures and low wind feed-in, forward market prices have been declining. This analysis highlights differing perspectives from external sources compared to the forecasted price increase, emphasizing the complexity and uncertainty within the market.

    What is the current / spot price of Power - German Baseload (EEX)?

    Power - German Baseload (EEX) Price Today
    January 30, 2026
    Current Price
    109.89

    What is the forecast for the price of Power - German Baseload (EEX)?

    Power - German Baseload (EEX) Price Forecast
    January 30, 2026
    1 Month Forecast
    115.62
    1 Year Forecast
    122.43

    What are the short-term drivers of Power - German Baseload (EEX) prices?

    Over the 1 Month horizon the outlook is bullish due to drivers such as: - Short term price trends - EWMA-based technical analysis - Movements in the Euro Br(None) The top contrary drivers for the 1 Month horizon are: - Long term price trends - Seasonality trends for the prediction month of year

    What are the long-term drivers of Power - German Baseload (EEX) prices?

    Over the 1 Year horizon the outlook is bullish due to drivers such as: - Short term price trends - The shape of the futures curve - Seasonality trends for the prediction month of year - EWMA-based technical analysis Br(None) The top contrary drivers for the 1 Year horizon are: - Long term price trends

    Will the price of Power - German Baseload (EEX) go up?

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