|Market Close||Market Close|
|Gas contracts across the curve corrected yesterday, as Brent crude traded lower following the supply shock from the drone attacks in Saudi Arabia. Weaker coal and carbon markets also impacted on Gas prices.||Power prices tracked the falling NBP yesterday as the market reacted to the news that Saudi production should be mostly back online by the end of September.|
|Market Open||Market Open|
|The market has seen yesterday’s weakness resume, linked to news that the Framatome reactor may not require immediate maintenance, easing fears of the French nuclear fleet being weakened for Winter. Yearly planned maintenance is ongoing at some major facilities and terminals including Easington, resulting in Langeled nominating zero flows today.||Power contracts reversed yesterday’s gains this morning, as the losses within the NBP weighed on the market; however, the potential outages in the French nuclear fleet may see prices rise. Weaker trading in the wider energy complex is also having a negative impact.|
For a breakdown of the current generation mix visit our Power Generation Insights page.
Click to enlarge graph
Today’s prices can also be found in an easy to read table on our ‘current UK energy price' page.
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