Apollo Energy publishes a daily energy market analysis, focusing on the gas, power and oil markets including a commentary on how the markets close and open. Our analysis provides insight on how the markets are performing and also considers various factors which could dictate price changes in the future.
The analysis also contains a graph which tracks the one-year forward price of both gas and electricity as well as changes to Brent crude oil.
Spot prices increased yesterday as a result of a lower wind forecast for tomorrow while lignite production in Germany has also decreased. Front-month prices made gains for a third consecutive day due to low nuclear availability.
Spot prices went up slightly yesterday as wind generation in Germany was expected to decrease this morning. However German wind generation is forecast to return to the high levels of last week tomorrow which will lead to prices turning bearish again.