Most power and gas contracts rose this week as the UK domestic market reversed losses seen last week. Day-ahead gas rose 9.7% to 22.60p/th although an influx of LNG did see prices ease towards the end of the week. Day-ahead power rose 25.8% to £32.90/MWh, recovering from record lows to follow other markets higher this week. March 20 gas was up 9.0% at 22.50p/th and April 20 gas increased 5.4% to 21.84p/th. Seasonal gas contracts were mixed this week, but ultimately moved down 0.1% on average. Summer 20 gas increased 1.9% to 23.41p/th, while winter 20 gas dropped 0.4% to 36.54p/th. All seasonal power contracts boosted this week, up on average by 1.9%, as summer 20 and winter 20 lifted 2.5% and 0.3% respectively, rising to £34.36/MWh and £44.07/MWh. Brent crude oil rose 4.9% to $57.68/bl marking the first weekly increase of the commodity since early January, though prices dropped on Friday. EU ETS carbon gained 5.9% to €24.98/t to continue recent momentum with fewer EUAs auctioned this week. API 2 coal lost by 0.4% to $59.62/t with prices fluctuating this week on uncertainty of demand in China and increasing output from renewable sources (largely wind).
Baseload electricity | ||
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Forward curve comparison | Annual October Contract | |
Peak electricity | ||
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Forward curve comparison | Annual October contract | |
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 |