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 fell yesterday with the usual drop in energy demand on Friday an influencing factor. Hydro production is forecast to improve but wind generation should decline slightly which should see prices remain firm.
In a recent survey around half of the businesses involved claim they value the help of energy brokers in comparing energy prices and negotiating energy contracts.
Fewer tensions are expected on the spot market in the coming days while supply should also remain stable. Renewable production should remain healthy but some downside could be experienced on Friday as German wind generation is expected to decrease.