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.
As news breaks that Ofgem wants powers to protect firms from 'rogue' energy brokers, Apollo Energy would like to reassure the business community that the level of service they will receive from their in-house team is, and will continue to be, market-leading.
Throughout yesterday's session, UK gas fundamentals remained more or less unchanged. Weak demand and strong flows from Langeled, which reduced the reliance on storage withdrawals, pushed near curve prices down a little.
A considerable number of companies have submitted incorrect data under the Government's CRC (Carbon Reduction Commitment) league table, causing delays to the publication of the scheme's overall league table, Business Green reports.
With temperatures expected to remain above average, we see no serious risks for the UK gas system over the coming days. The forecasts of colder weather from the middle of next week, along with the on-going Norwegian Troll outage, may actually help month-ahead prices stabilise.