Wholesale Market Review

17 January 2020

Headlines Most power and gas contracts fell this week as the mild weather continued into the second half of January. Day-ahead gas lost 1.5% to 28.90p/th, following EU ETS and LNG prices lower. Day-ahead power was an exception, and rose 6.5% to £38.50/MWh, following drop in wind generation at the end of the week. February […]

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10 January 2020

Headlines Most power and gas contracts fell this week, with the day-ahead contracts as the exceptions. Day-ahead gas rose 2.1% to 29.35p/th, following an increase in Brent crude oil and Asian spot LNG prices, despite mild weather in the UK this week. Day-ahead power rose 6.3% to £36.15/MWh, with wind generation dropping midweek to leave […]

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3 January 2020

Headlines Most power and gas contracts fell this week, with only the day-ahead gas contract as the exception. Day-ahead gas rose 6.5% to 28.75p/th, following higher industrial consumption on return from the festive season. Day-ahead power fell 1.0% to £34.00/MWh with high wind generation throughout the week. February 20 gas was down 6.5% at 32.01p/th, […]

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20 December 2019

Headlines The majority of baseload power and gas contracts increased this week. Day-ahead gas was an exception and remained the same at 32.50p/th, following well balanced supply and demand. Day-ahead power fell 13.4% to £36.45/MWh, with prices driven down by rising wind generation towards the end of the week. January 20 gas was down 0.1% […]

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13 December 2019

Headlines Most power and gas contracts fell this week, with the day-ahead and a few seasonal contracts as the exceptions. Day-ahead gas rose 6.2% to 32.50p/th, following colder temperatures on average this week. Day-ahead power rose 13.8% to £42.10/MWh, with lower wind generation forecast for the start of next week. January 20 gas was down […]

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6 December 2019

Headlines All power and gas contracts fell this week as temperatures rose above 10°C. Day-ahead gas fell 27.8% to 30.60p/th, with record-high LNG send-out this week adding additional downward pressure to prices. Day-ahead power followed its gas counterpart and fell 25.4% to £37.00/MWh as high wind generation extended losses from a general decrease in power […]

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29 November 2019

Headlines Most power and gas contracts fell this week as temperatures were above seasonal normal levels. Day-ahead gas was an exception and rose 1.0% to 42.40p/th amid lower LNG send-out, while day-ahead power rose 9.0% to £49.60/MWh on a drop in wind generation late in the week. December 19 gas was down 1.3% at 41.55p/th, […]

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22 November 2019

Headlines Most power and gas contracts rose this week, with a few seasonal contracts and day-ahead power being exceptions. Day ahead gas rose 8.8% to 42.0p/th as lower LNG send-out saw the gas market undersupplied towards the end of the week. Day ahead power dropped 14.2% to average £45.5/MWh as wind generation surged midweek. December […]

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15 November 2019

Headlines Most power and gas contracts decreased again this week, with the day-ahead power contract the exception. Day-ahead gas fell 3.5% to finish the week at 38.6p/th with high LNG send-out offsetting a drop in temperatures mid-week. Day-ahead power gained 19.4% to finish at £53.0/MWh as wind generation fluctuated heavily throughout the week. December 19 […]

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8 November 2019

Headlines Most power and gas contracts decreased this week, with day-ahead contracts the exceptions. Day-ahead gas rose 41.6% to finish the week at 40.0p/th, following a forecast drop in temperatures, while day-ahead power gained 13.1% to £44.4/MWh as wind generation dropped mid-week. December 19 gas was up 0.4% at 42.8p/th, and January 20 gas decreased […]

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