|Market Close||Market Close|
|UK gas prices fell for a second day on Friday. The expected drop in Norwegian supply weighed on prices throughout the day, until a late rally on Friday afternoon.||Power prices tracked the bearish NBP and Coal market on Friday. Demand and wind generation were lower, while solar levels were higher.|
|Market Open||Market Open|
|Reductions in Gas prices continue today as warmer 14-day forecasts weigh on prices, and withdrawals increased over the last 4 days. The UK system is short this morning as Langeled flows reduce, and there are outages at Troll and Gullfaks. The Umm Slal LNG tanker is expected to dock at South Hook terminal this evening.||The UK Power market has opened mixed this morning as day-ahead prices have risen sharply due to low wind levels for this week. There are minimal movements on the curve which is tracking the NBP curve as it softens on the back of warmer weather forecasts, despite falling UK supply levels.|
For a breakdown of the current generation mix visit our Power Generation Insights page.
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