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.
The UK gas system opened up trading a little short yesterday, but regained balance later in the day following a revision in demand. NBP spot and near curve prices ended the day slightly higher, but a lot lower than their intraday highs.
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.