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 spot market has shown little change as numerous plants are still offline leading to on-going supply issues. In terms of gas, Norwegian flows are higher this morning and the forecast for slightly warmer weather should help October-13 prices move down.
Spot prices are not expected to decrease in the next few days and should remain firm despite improved renewable energy production. Spot prices went up slightly yesterday due to a fall in thermal capacities as a result of several outages at plants.
Spot prices fell yesterday as a result of healthy wind supplies and an improvement in solar generation. Spot prices are expected to remain at similar levels today but could make gains tomorrow as renewable production is forecast to go down.
Spot prices have moved down with the help of increased wind production and nuclear availability; temperatures have also been forecast to be slightly higher than last week which has also had an effect on prices.