Overall, German electricity consumption seems to slowly return to normal. However, there is no drastic jump in demand and commodity prices, in general, remain pretty stable.
In the second half of the month, German power front year still won around 3 EUR/MWh. This was also driven by rising CO2 prices. Also, Hurricane Laura reduced the gas and oil output in the US.
The participants of the enmacc market sentiment apparently underestimated the rise of prices towards the end of the month which resulted in around 33% of the tips being too bearish.
We congratulate the market sentiment winners in August on their correct predictions!
2x Markus Eberl – Stadtwerke Augsburg Energie GmbH 2x Alexander Knorn – FairEnergie GmbH 2x Marion Witthuhn – E.ON Energie Deutschland GmbH
Micha Abele – FairEnergie GmbH Oliver Bodenmüller – Stadtwerke Karlsruhe GmbH Mark Doenau – MITGAS Mitteldeutsche Gasversorgung GmbH Thomas Engelhardt – TEAG Thüringer Energie AG Jürg Furter – Eniwa AG Josephine Hantschmann – envia Mitteldeutsche Energie AG Stefan Hausammann – Eniwa AG Mario Hilmer – ZVO Energie GmbH Thomas Klein – Stadtwerke Bayreuth Energie und Wasser GmbH Lena Letzner – EHA Energie-Handels-Gesellschaft mbH & Co. KG Markus Möller – Energieversorgung Mittelrhein AG Brigitte Reintinger – N-ERGIE Aktiengesellschaft Peter Schumann – Energieversorgung Mittelrhein AG Wilko vom Hagen – FairEnergie GmbH Franziska Zimmer – Montana
Join renowned and influential technical analyst David Linton MFTA, Founder and CEO of Updata, and Jens Hartmann, CEO of Enmacc, in episode 11 of our LIVE Digital Trader Summit. Don’t miss David’s technical analysis price outlooks on all major European Energy contracts, with special focus on central and south-eastern European markets.
You will learn about:
The outlook of global macro drivers
Price targets for the key European Energy products
Insights into central and south-eastern European markets
Important price levels to watch for potential big moves
Details at a glance:
Date and time: Thursday, 1st October 2020, @2pm (CEST)
Learn how to lead high performing teams in trading in this current environment. Join Michael Portz, Coach and Founder of CoA Academy and Jens Hartmann, CEO of Enmacc, in episode 10 of our LIVE Digital Trader Summit Series.
We are taking a more interactive and engaging approach for this webinar, so you get the most out of it. Be prepared to learn by participating interactively with our host Michael Portz. For your information, this session will now not be recorded and shared. Therefore, you really do have an opportunity to be yourself, practice, make mistakes and learn from one of the best in leadership coaching.
In this 45-minute interactive webinar, you will learn about:
Critical areas of leadership that are impacted by the Corona pandemic
Successful methods of Remote Leadership that are readily available
Simple techniques that can greatly improve remote meetings
Details at a glance:
Date & Date: Wednesday, 16th September 2020 @2pm (CEST)
enstats informs you monthly on enmacc’s trading activities. Our charts report on the distribution of commodities, of delivery types, market areas, control areas and delivery periods in the month of august on entender.