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.
Gas contracts moved higher yesterday as carbon markets increased strongly and annual maintenance in Norway is expected to reduce imports into the UK. Cooler temperatures and weak renewable generation is also forecast for next week, lifting demand.
Apollo Energy has helped to provide West Didsbury & Chorlton AFC with procurement services and metering assistance free of charge.
Flows via the UK Interconnector and Langeled pipelines were expected to increase further today, helping to weigh on some near curve contracts yesterday afternoon. LNG send-outs also remain extremely comfortable due to a high number of deliveries this month.
Increases on oil markets dictated movement across the overall energy complex, with gas contracts displaying further gains. An expected drop in temperatures and weak wind generation also offered additional support to the spot.