Headlines This week generally represented more bullish sentiment, noting there were some periods of bearish movements particularly across near-term power prices. Day-ahead power fell, lowering 33.6% to £181.00/MWh, with stronger wind and renewable generation seen across this week, a trend forecast to continue into next week. Alternatively, near-term gas prices enjoyed a period of strong …
Read moreHeadlines This week represented a relatively mixed picture for gas and power price movements, but slightly favouring a more bearish outlook overall, particularly on front-month and longer dated seasonal contracts more specifically. In support of this bearish sentiment, day-ahead gas fell 13.8% to 187.0p/th, following periods of increased Norwegian gas flows into the UK, softening …
Read moreHeadlines Generally, this week represented a predominately bearish sentiment for gas and power prices, with some exceptions on day-ahead contracts. In keeping with the largely downward movement of prices, day-ahead gas fell 4.4% to 217.00p/th, following periods of warmer weather stifling heating demand, a trend expected to extend into next week too. Increased LNG deliveries …
Read moreHighly experienced, Leicester based sales and relationship manager, Andrea Johnson, has joined TEAM as the Key Account Manager for the Midlands, overseeing customer support and growth for the region. Having spent 15 years’ in the energy sector, driving both Third Party Intermediary (TPI) and B2B sales, Andrea is passionate about understanding a customer’s needs and …
Read moreHeadlines This week represented a largely bullish week for gas and power prices, after a period of relative price suppression in previous weeks, driven by milder weather and a healthier gas supply picture. Looking at this week more specifically, day-ahead gas rose 30.3% to 227.00p/th, following periods of colder weather in the week, coupled with …
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