|Market Close||Market Close|
|Trade on Gas was mixed yesterday with an early morning rally, by the afternoon the market turned which saw lower front curve and spot prices due to increasing wind output, rising temperatures and strength in Carbon.||Power prices tracked Gas prices yesterday, as the back end of the curve saw gains. European spot markets fell amid rising temperatures and increasing wind output, while curve prices rallied with Carbon.|
|Market Open||Market Open|
|The system is long this morning, driven by lower seasonal temperatures for the next two weeks, however ample supply from Norway and strong LNG send-out should combat this increase. The Norwegian government announced an increase in production at Troll field which could keep pressure on gas prices.||Power prices are slightly softer this morning, with healthy supply despite rising demand. In contrast the far curve has seen gains, ignoring the recent bearish movement from Crude oil.|
For a breakdown of the current generation mix visit our Power Generation Insights page.
Today’s prices can also be found in an easy to read table on our ‘current UK energy price' page.
Click to enlarge graph
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.