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.
Extension to Climate Change Agreement confirmed
5th August 2020 | Posted by: Daniel Birkett | Industry News
The Climate Change Agreement (CCA) provides tax breaks to businesses which actively reduce their energy consumption and the government has confirmed it will extend the scheme until March 2025 following a consultation.
Energy Market Analysis – 04-08-2020
4th August 2020 | Posted by: Daniel Birkett | Market Analysis
The gas curve climbed higher during August’s first day of trading, with spot prices finding support from low liquidity on trading floors, resulting in a ‘short squeeze’. Further out, prices were lifted by an increase in oil.
Energy Market Analysis – 03-08-2020
3rd August 2020 | Posted by: Daniel Birkett | Market Analysis
Gas prices moved marginally higher at the front of the curve on Friday, whereas contracts from Front-Month onwards traded lower. European markets displayed mixed movement, while commodities were bullish overall.
Energy Market Analysis – 31-07-2020
31st July 2020 | Posted by: Daniel Birkett | Market Analysis
Gas prices stabilised in the afternoon and displayed losses by the session’s close. Equity markets dropped off, along with oil and coal as EU & US economies showed weak data. Power and Carbon allowance contracts also closed lower.
Energy Market Analysis – 30-07-2020
30th July 2020 | Posted by: Daniel Birkett | Market Analysis
Gas prices rose again yesterday, with support provided by stronger coal and oil. Power and carbon also strengthened, offering additional support, while a drop in renewable power lifted gas demand and helped the prompt move higher.