Wholesale Energy Market Review 26 November 2021

Wholesale Market News

Headlines The volatility in near-term pricing across gas and power prices was evident this week, with significant gains made, particularly in baseload and peak power contracts. Day-ahead gas rose 1.4% to 225.00p/th, following periods of much colder weather making its way from the continent and across the UK. Day-ahead power jumped 84.8% to £425.00/MWh, with

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Highlights of COP26 – Week 2

As the second week of COP26 kicked off, the Summit explored the impacts of Climate Change on the world, focusing on Adaptation, Loss and Damage. The UK called for urgent action to build up global resilience to Climate Change. Additionally, the UK Government announced £290 million in new UK funding, including support for countries in

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Highlights of COP26 – Week 1

Launching the Summit, world leaders and key hosts including broadcaster and naturalist, David Attenborough and HRH The Prince of Wales, took to the stage to discuss the urgency of climate action. It was agreed that we must act together in this decisive decade to make change happen, and limit global warming to below 2°c. Our Head

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Wholesale Energy Market Review 19 November 2021

Wholesale Market News

Headlines This week represented yet another bullish week for gas and power prices, in what continues to be a particularly volatile period for wholesale energy prices. Day-ahead gas rose 25.4% to 222.00p/th, with a combination of market drivers pushing up prices, amid news that the German regulator temporarily suspending certification for the Nordstream 2 pipeline,

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Wholesale Energy Market Review 12 November 2021

Wholesale Market News

Headlines This week represented yet another particularly volatile week for wholesale market prices, with significant daily swings in price, and varying movements further along the forward curve. Day-ahead gas fell 1.7% to 177.00p/th, following increased Russian gas flows into via Mallnow and Velke Kapusany, albeit significant volumes have yet to fully impression on the European

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Wholesale Energy Market Review 5 November 2021

Wholesale Market News

Headlines It was a relatively mixed week again for gas and power pricing fundamentals this week, with the most pronounced upwards trends seen on near-term contracts, with seasonal contracts generally easing slightly. In support of this, day-ahead gas rose 9.1% to 180.00p/th, rebounding against losses observed from the week prior. Gas prices this week primarily

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Wholesale Energy Market Review 1 November 2021

Wholesale Market News

Headlines All gas and power contracts moved lower this week. Gas contracts along the curve were pushed lower by expectations of increased Russian supply to Europe within the next week, after President Putin informed Gazprom to flow gas into Europe once it has filled its domestic stocks. Day-ahead gas dropped 19.5% to 165.00p/th, with further

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