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.
Energy Market Analysis –24-06-2019
24th June 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices opened at a discount on Friday but recovered losses as the session progressed, with upward pressure provided by a rise in coal and oil. The system was close to balance but an expected rise in LNG send-outs helped to cap gains at the front of the curve.
Energy Market Analysis –21-06-2019
21st June 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices were pushed higher by rising coal and oil markets during Thursday’s session, with the larger increases displayed towards the back of the curve. Healthy storage levels, expected LNG deliveries and milder weather capped any upward movement at the front of the curve.
Energy Market Analysis –20-06-2019
20th June 2019 | Posted by: Daniel Birkett | Market Analysis
Despite a late rally for oil prices, commodity markets were bearish on Wednesday which pressured down gas contracts. A rise in renewable availability will reduce gas-fired power demand, with warmer weather and stronger LNG send-outs also expected; weighing on the near-curve.
UK’s biggest battery planned for Glasgow
20th June 2019 | Posted by: Daniel Birkett | Industry News
The largest storage battery in the United Kingdom, which will cover an area equivalent to half a football pitch will be installed at a wind farm in Glasgow, Scotland.
Energy Market Analysis –19-06-2019
19th June 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices moved down on Tuesday with most decreases thought to be technical, with a lot of contracts close to their resistance levels. Supply levels also improved later in the day as unplanned outages in Norway were resolved, balancing the system.