The higher wholesale price benchmarks set across the last month continued again this week, albeit showed signs of softening from the recent spell of strong day-on-day price volatility. Day-ahead gas slipped 1.7% to 226.00p/th, following a more comfortable supply picture through both higher domestic and Norwegian supply volumes. Day-ahead power fell 6.1% to £200.00/MWh, with stronger wind generation seen broadly throughout the week, combined with softening demand in parallel. November 21 gas was down 3.4% at 247.62p/th, and December 21 gas decreased 3.3% to 255.66p/th. Most seasonal gas contracts increased this week, up by 5.9% on average. Summer 22 and winter 22 gas gained 10.6% and 9.8% respectively, lifting to 109.85p/th and 112.85p/th. Most seasonal power contracts rose this week, up on average by 0.1%, as summer 22 and winter 22 climbed 8.1% and 6.4% to £114.04/MWh and £117.00/MWh, respectively.
Baseload electricity | ||
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Forward Curve Comparison
| Annual April Contract | |
Peak electricity | ||
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Forward curve comparison
| Annual April contract
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Seasonal power prices | ||
Seasonal baseload power contracts
| Seasonal baseload power curve
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Commodity price movements | ||
Oil and Coal
| Carbon | |
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Wholesale price snapshot
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