Author: Jake Dann

Energy Wholesale Market Review – 8 September 2023

Headlines Wholesale gas contracts experienced mixed price movements this week, whereas all tracked power contracts, with day-ahead and October 23 baseload the exception, registered week-on-week price losses. Subsequently, day-ahead gas rose 8.7% to 87.00p/th, in anticipation of supply reduction due to planned industrial action at Chevron’s Australian LNG facilities, in tandem with reduced Norwegian exports

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Energy Wholesale Market Review – 18 August 2023

Headlines This week, gas and power prices saw bullish sentiment further along the forward curve, as uncertainty surrounding Australian LNG supply remains elevated amid potential strike action that could impact European energy markets. However, across most short-term contracts, bearish prices trends were captured as day-ahead gas fell 4.1% to 82.00p/th, amid an oversupplied GB system.

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Energy Wholesale Market Review – 11 August 2023

Headlines This week favoured a bullish outcome for gas and power prices, both in the near-term and further along the forward curve – underpinned by the uncertainty surrounding future gas imports into European energy markets from potential strike action at Australian LNG terminals. Day-ahead gas rose 21.7% to 85.50p/th, following uncertain Australian LNG supplies –

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