Headlines Mixed movements were observed this week for near-term gas and power prices. Day-ahead gas fell 7.0% to 13.25p/th, following an oversupplied system. Day-ahead power rose 18.3% to £30.75/MWh, amid periods of low wind output and power demand recovery following the easing of lockdown restrictions. August 20 gas was down 8.3% at 13.78p/th, and September […]
Headlines Nearly all GB gas and power contracts increased this week. Day-ahead power was the only exception, falling 4.6% to £26.00/MWh, with high levels of wind generation towards the end of the week weighing on the contract. The new month-ahead contract (August) gained .3% to £32.10/MWh and the September contract rose 2.0% to £34.99/MWh. Seasonal […]
Headlines Gas and power contracts saw mixed movements this week, following the strong gains made last week. Day-ahead gas fell 5.6% to 13.45p/th, following lower gas demand towards the end of the week amid high temperatures and strong renewable output. Day-ahead power fell 6.8% to £27.25/MWh on strong wind generation forecasts for the early parts […]
Headlines Most power and gas contracts rose this week, as the UK government moved the coronavirus alert level down from four to three. Day-ahead gas rose 3.6% to 14.25p/th following a rise in gas consumption throughout the week. Day-ahead power fell 0.8% to £29.25/MWh, though higher wind generation early next week will add weight to […]
Headlines Contracts in the GB energy market saw mixed direction this week, as colder weather and easing lockdown restrictions added some upward pressure to prices. Day-ahead gas rose 7.8% to 13.75p/th on forecasts of higher gas-for-power owing to French nuclear outages next week. Day-ahead power rose 1.7% to £29.5/MWh and was also affected by the […]
Headlines Most power and gas contracts rose this week, driven higher by a recovery in their respective day-ahead contracts. Day-ahead gas rose 27.7% to 8.75p/th as gas-for-power demand recovered from the low levels seen late last week. Day-ahead power rose 11.6% to £24.00/MWh, following a significant drop in wind generation compared to the end of […]
Headlines Gas and power contracts saw mixed movements this week, with the price of nearer-term contracts falling as a result of continued low demand, whilst there were bullish signs for the majority of seasonal power contracts. Day-ahead gas fell 46.7% to a 14-year low of 6.85p/th as extremely low gas-for-power demand weighed on prices. Day-ahead […]
Headlines Mixed movements were observed in GB wholesale gas and power markets this week; near-term contracts continued to decline on low consumption forecasts amid the coronavirus, while several further reaching contracts followed global commodities higher, with some analysts predicting a quicker bounce-back in demand than was previously expected. Day-ahead gas fell 14.3% to 12.85p/th as […]
Headlines GB power and gas prices saw mixed movements last week, with several gains in contracts which had previously seen sustained losses amid the COVID-19 outbreak. Day-ahead gas (for delivery last Friday) rose 10.3% to 15.00p/th despite much warmer weather towards the end of last week. The day-ahead power contract followed gas movements and rose […]
Headlines Most power and gas contracts fell this week as the UK remained under lockdown, muting demand across the country. Day-ahead gas was an exception and rose 20.9% to 13.60p/th following slightly lower temperatures towards the end of the week. Day-ahead power opposed gas and fell 1.4% to £25.25/MWh as a result of higher wind […]
Headlines Most power and gas contracts fell again this week as lockdown measures continued to stifle both power and gas demand. Day-ahead gas fell 17.3% to 11.25p/th, with higher LNG send-out pressuring prices amid an oversupplied as market. Despite falling to a record low of £10.00/MWh early this week, day-ahead power opposed gas and ended the […]
Headlines Most power and gas contracts fell this week, though some small gains were seen in longer term power contracts. Day-ahead gas fell 12.0% to 13.60p/th on slightly milder temperatures forecast for next week, with oversupply of gas in the market continuing to rise. Day-ahead power fell 21.5% to £22.25/MWh, despite forecasts of lower wind […]
