| Gas | Power |
| Market Close | Market Close |
| NBP day-ahead prices were down yesterday after Tuesday’s rally, on the back of an increase in Norwegian flows and lower UK exports to Belgium. Forecasts of a cold mid-May and higher than normal seasonal demand were countered by increased LNG flows. | Day-ahead power prices declined yesterday under improving supply conditions. News of nuclear units due to come back online in May had helped to hold prices down. |
| Market Open | Market Open |
| UK gas prices have fallen across the curve today as the Kollsnes field has come back online and flows out of Langeled are stronger. Temperature forecasts remain unchanged which has softened demand, however liquidity on the market is low. | Power prices have dropped across the curve, tracking the Gas NBP. Drops in European fuel markets have driven the downward correction, while Brent Oil and Coal prices have also fallen. Wind Power generation is expected to be high today. |
For a breakdown of the current generation mix visit our Power Generation Insights page.
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Brent Summary
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If you would like to learn more about how Apollo Energy can help your business find the best deal on its gas and energy contracts then feel free to get in touch by calling us on 01257 239500 or using the form on our contact form.