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 power prices increased yesterday as wind generation dropped and demand levels ticked higher. Meanwhile, coal and lignite-fired generation also declined and combined with a colder weather forecast, the current outlook is bullish.
Spot power prices were pushed higher yesterday as temperatures are expected to turn colder later in the week, while nuclear and thermal availability is also expected to drop temporarily due to additional maintenance