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.
Colder weather continues to push UK spot prices higher and prices on the continent were around the same level as clean gas. NBP prices fell slightly yesterday despite increased demand as the UK gas system was over-supplied throughout the session.
The new Hinkley Point reactor has already attracted investment from France and China and now companies from South Korea look set to buy into UK nuclear power.
Spot prices saw mixed movement yesterday as a drop in wind generation was countered by increased nuclear availability in France. NBP prices went up yesterday as temperatures were colder than expected and a long system failed to have any bearing on the market.