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.
Scottish Power are set to make significant upgrades to their distribution network, connecting a number of wind farms and improving power cables and pylons which will create around 4,000 jobs, Uswitch reports.
Spot Prices were mixed with wind output in Germany predicted to go down today and Hydro production and nuclear availability improving in France. Front-Month prices in France were higher than Germany for the first time since August 2012.
Spot Prices once again show a bearish trend due to the continued warmer weather and a low consumption forecast. In terms of supply the improved nuclear availability in France and higher lignite production in Germany may have an effect on prices although wind output is expected to drop considerably over the next few days.
Spot prices continued to display a bearish outlook as a result of the warmer weather and a predicted reduction in consumption. March saw record-highs in terms of demand but at present we are closer to seeing record lows as temperatures continue to improve.