|Market Close||Market Close|
|Gas contracts were bullish for the most part during Thursday’s session, as the curve was pushed higher by gains recorded on commodity markets.||Power prices followed their gas counterparts and traded higher, tracking the movement of recovering financial and commodity markets.|
|Market Open||Market Open|
|An improved outlook for UK and European storage levels, combined with another drop on carbon markets has contributed to losses across the gas curve this morning.||A drop in carbon also weighed on power contracts this morning, with a bearish gas market and on-going warm weather also acting as market drivers.|
For a breakdown of the current generation mix visit our Power Generation Insights page.
Brent Crude displays another increase as market fundamentals remain unchanged following the latest OPEC+ meeting.
1-year forward prices
Market close data has revealed that the 1-year forward price for both commercial gas & commercial electricity recorded a loss, closing at 59.19ppt and £69.03/MWh, respectively.
Today’s prices can also be found in an easy to read table on our current UK energy price page.
Click graph to enlarge
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.