Wholesale Energy Market Review 31 May 2019

Energy Wholesale Market View

Headlines All wholesale power and gas contracts fell week-on-week. Gas prices have been pressured by forecasts of warmer weather amid comfortable gas supplies, which, combined with a drop in Brent crude oil prices, pushed both day-ahead and winter 19 gas contracts to one-month lows of 27.5p/th and 53.0p/th respectively. Month-ahead gas was down 6.7% to

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Wholesale Energy Market Review 24 May 2019

Energy Wholesale Market View

Headlines Near-term power and gas contracts decreased this week, amid an oversupplied gas system and decreasing demand. Most seasonal contracts moved higher, despite a fall in global commodity prices. Day-ahead gas slipped 1.8% to 29.9p/th, with strong flows from Norway and healthy LNG send-out. Month-ahead gas lost 1.8% to 30.2p/th and July 19 gas fell

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Wholesale Energy Market Review 17 May 2019

Energy Wholesale Market View

Headlines Near-term power and gas contracts decreased this week, amid warmer temperatures and an oversupplied gas system. Seasonal contracts diverged with gas prices following oil prices higher, while power prices were pressured by falling EU ETS carbon prices. Most baseload power contracts decreased this week, with near-term contracts mirroring their gas counterparts and seasonal contracts

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Are you getting value from your Recommendation Report?

Are you getting value from your Recommendation Report

As part of our Display Energy Certificate (DEC) service, we are required to issue a Recommendation Report alongside the DEC if one is not currently in place or the existing one has expired. A Recommendation Report contains specific energy-saving measures that were identified as part of a site survey. They are valid for seven years

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Wholesale Energy Market Review 10 May 2019

Energy Wholesale Market View

Headlines The majority of power and gas contracts rose week-on-week, as cooler temperatures and a recovery in EU ETS carbon supported prices. All near-term baseload power contracts rose, with day-ahead power recovering from recent declines, rising 9.1% to end the week at £46.8/MWh, a near one-month high. Nearly all seasonal power contracts rose, up 1.7%

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Wholesale Energy Market Review 3 May 2019

Energy Wholesale Market View

Headlines The majority of wholesale power and gas contracts were lower week-on-week, as a comfortable gas supply outlook and a fall in Brent crude oil prices pushed contracts lower. Forecasts of temperatures well below seasonal normal levels early in May supported day-ahead gas prices, however, this did not feed into day-ahead power prices which followed

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