|Market Close||Market Close|
|Prices increased yesterday as concerns over Qatari LNG supply to Europe grew. Bearish oil prices had a smaller impact on the far curve.||Power prices largely tracked the bearish NBP yesterday, but there were small gains on the near curve as wind generation fell slightly.|
|Market Open||Market Open|
|Gas prices have risen again this morning, as a weakening pound and LNG news become the main drivers. The pound has lost value against the Euro following the UK general election, while the delayed arrival of LNG tankers into the UK adds pressure to supply.||Power is taking support from the rising NBP market and weakening pound this morning. Rising coal prices are giving strength, despite falling oil prices limiting other bullish drivers.|
For a breakdown of the current generation mix visit our Power Generation Insights page.
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