
Feb 9 (Reuters) - GOLDMAN SACHS:
LOWERS BAL 2026/2027 TTF PRICE FORECASTS BY 2 EUR TO 34/21 EUR/MWH ($11.65/$7.40/MMBTU)
SAYS GERMAN MEDIA REPORTED THAT EU OFFICIALS ARE CONSIDERING EASING THE PHASE OUT OF FREE CARBON EMISSION ALLOWANCES TO INDUSTRIALS
SAYS THESE CHANGES WOULD SOFTEN EUROPEAN UNION ALLOWANCE (EUA) MARKET
SAYS CHEAPER CARBON LOWERS COAL GENERATION COSTS, ALLOWS NATURAL GAS TO GENERATE ANY GIVEN AMOUNT OF GAS-TO-COAL SWITCHING AT A LOWER PRICE POINT THAN PREVIOUSLY
SAYS IT MAINTAINS BEARISH 2028/29 TTF VIEW, WHEN IT EXPECTS EUROPEAN GAS PRICES TO AVERAGE 12 EUR/MWH (JUST OVER $4/MMBTU)