POWER: Ireland Awards 1.5TWh of Renewable Capacity RESS 5 Tender
Sep-25 07:51
The Irish Ministry of Climate, Energy and Environment announced it has provisionally awarded 1,5TWh of renewable capacity in the latest renewable auction (RESS 5), in line with the maximum target volume, it said.
- The government awarded 218.8MW of wind capacity and 860.4MW of solar PV capacity at a weighted average price of €98.81/MWh, slightly up from €96.85/MWh in the previous round.
- The weighted average price for solar stood at €100.63/MWh and at €96.56/MWh for wind projects.
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EGB OPTIONS: Schatz Call Spread
Aug-26 07:49
DUX5 107.3/107.5cs, bought for 5.5 in 2k.
MONTH-END EXTENSIONS: Bond extensions
Aug-26 07:44
MONTH END EXTENSION (for Friday):
Bloomberg Bonds:
- US Tsys: +0.11yr (decent, just above Aug average).
- EU Govies: +0.03yr (tiny).
- UK Govies: -0.02yr (non event).
RIKSBANK: Sees Probability of Lastingly High Inflation to be Low - Minutes
Aug-26 07:37
Riksbank minutes for the last rate decision shed some more light on the decision-making process:
- THEDEEN: I PERCEIVE THE PROBABILITY OF LASTINGLY HIGH INFLATION TO BE LOW, BUT HIGH INFLATION IS STILL A RISK, AS POSSIBLE FURTHER NEGATIVE SURPRISES COULD HAVE AN UNFAVOURABLE IMPACT ON THE CREDIBILITY OF THE INFLATION TARGET
- JANSSON: INFLATION DOES NOT NEED TO BE EXACTLY AT TARGET FOR US TO DARE TO CUT THE INTEREST RATE ONE MORE TIME
- SEIM: OUR ANALYSIS SHOWS THAT THE ELEVATED INFLATION IS LARGELY DUE TO TEMPORARY FACTORS AND WE EXPECT IT TO FALL BACK" - Reuters
Full RIksbank minutes found here: https://via.tt.se/ir-files/3236667/4020286/4375/Minutes%20of%20the%20monetary%20policy%20decision%20on%2019%20August%202025.pdf
