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 saw mixed movement yesterday as a drop in wind generation was countered by increased nuclear availability in France. NBP prices went up yesterday as temperatures were colder than expected and a long system failed to have any bearing on the market.
Spot prices moved higher yesterday as temperatures remain low and Wednesday's wind production forecast was weak. However, wind generation levels are expected to ramp up tomorrow which has seen prices take a bearish direction today.
Spot power prices climbed higher yesterday as a consequence of colder temperatures and a lower wind forecast. Gas prices also increased yesterday despite a well-supplied system, the colder weather which has led to higher demand was again the cause of the bullish movement.