Headlines Last week saw mixed movements across tracked power and gas contracts, with day-ahead gas rising 0.3% to 82.50p/th, following maintenance at gas fields and terminals across the Norwegian and UK continental shelves, in tandem with reduced temperatures across GB. Similarly, June 24 gas was up 0.7% at 82.60p/th, and July 24 gas increased 0.9%
Headlines All power and gas contracts rose last week, finding bullish influence from reductions across gas flows from the Norwegian and UK Continental Shelves, and increased competition for the procurement of LNG, as a heatwave across northeast Asia bolstered gas-for-power demand. As a result, day-ahead gas rose 10.8% week-on-week to 82.25p/th, reaching the highest level
Headlines Most tracked power and gas contracts rose last week, with day-ahead gas increasing 4.0% to 74.25p/th, following maintenance across the Barrow North and St Fergus NSNP gas terminals, impacting flows from the UK Continental Shelf. Likewise, day-ahead power prices on 17 May found support from higher UK gas-for-power demand projections for 20 May, in
Headlines Day-ahead gas rose 0.4% to 74.57p/th last week, following reduced Norwegian gas flows due to maintenance across various gas fields, however, stronger gains were limited by above-average temperatures acting to reduce gas demand. Opposing the movements seen across its gas counterpart, day-ahead power fell 16.2% to £61.16/MWh, finding bearish influence from stronger projections of
Headlines It was a collectively bullish week across most tracked gas and power contracts last week. In support of this, day-ahead gas rose 0.1% to 74.30p/th, following reduced wind output forecasts across the week ahead, acting to raise total domestic gas-for-power demand. However, stronger gains were limited by above-average temperatures, acting to reduce heating demand
Headlines Across the week ending 26 April, most tracked gas and power contracts registered losses, with the baseload June 24 contract experiencing the only gain last week. Day-ahead gas fell 3.6% to 74.25p/th, as prices were influenced by forecasts of above-average temperatures in the week ahead acting to reduce domestic heating demand. Moreover, rising wind
Headlines Across the week ending 19 April, tracked gas and power contracts predominantly registered gains, however some of those further out on the forward curve saw losses. Day-ahead gas rose 6.3% to 77.05p/th, due to higher gas-for-power forecasts following lower wind generation projections and below-average temperatures. Likewise, day-ahead power rose 189.8% to £76.81/MWh, returning to
Headlines It was a predominantly bullish week across most tracked gas and power contracts this week, with day-ahead power the exception to this trend, registering a notable decrease. Day-ahead gas rose 15.5% to 72.50p/th, following higher gas demand ahead of expected colder temperatures throughout next week. Day-ahead power, however, fell 54.5% to £26.50/MWh, following the
Headlines This week represented a predominantly bearish picture for wholesale gas and power contracts. Primarily, we observed losses due to greater week-on-week wind generation reducing the requirement for more expensive gas-fired assets to meet domestic demand requirements. Likewise, the return of the Hartlepool 2 and Heysham 2 nuclear reactors after continued outages led to higher
Headlines This week, we observed primarily bullish movements across wholesale gas and power prices, with exceptions coming from shorter-term power contracts due to recent mild weather helping to lower demand, and higher wind generation on the system allowing prices to soften. This resulted in day-ahead baseload power recording a drop of 4.1% to £65.00/MWh, and
Headlines Mixed movements were registered across tracked gas and power contracts this week, firstly finding upward support from disruption to Norwegian flows as maintenance occurs at fields across the Norwegian Continental Shelf effecting front-month contracts, in tandem with reduced LNG send-out from GB terminals. Consequently, April 24 gas was up 0.6% at 66.60p/th and May
Headlines Predominantly bullish gas price movements arose this week due to maintenance at gas terminals across the Norwegian Continental Shelf limiting flows to GB. Likewise, below-average temperatures acted to bolster domestic heating demand, and increase the requirement for gas-fired generation. As a result, day-ahead gas rose 6.0% to 68.50p/th. Similarly, day-ahead power rose 1.8% to
