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 dropped yesterday with the forecast of higher wind output in Germany helping the discounts. The Far-Curve saw 2014 baseload prices stabilise somewhat as a result of steady clean coal costs although these costs are expected to weaken.
Spot prices made a gain yesterday due to lower than expected renewable energy generation as well as scheduled maintenance at a few thermal power plants, higher demand following lower than seasonal temperatures also played a part.