Energy Market Analysis

Gas	Power
Market Close	Market Close
Prices rose near close of business yesterday, as Oil prices rebounded and Carbon prices also went up.	Prices rallied across all markets yesterday, with support from Carbon, Gas and Oil prices. This was despite the upcoming holiday period and milder weather conditions.
Market Open	Market Open
The system is short this morning, back to lows from previous days amid rising US interest rates. Gas is trading flat to the close despite this, as the broader complex is under pressure.	Contract prices across the curve have softened this morning, as rate increases by the US Federal reserve cast a shadow over the broader markets, impacting on commodities.

For a breakdown of the current generation mix visit our Power Generation Insights page.

Brent Summary

Brent 1st-nearby prices have seen a slight increase to $57.24/b, as slowing economic growth has investors concerned about global demand moving into 2019.

1-year forward prices

Market close data has revealed that the 1-year forward price for commercial gas has decreased & commercial electricity has increased – closing at 62.34ppt and £63.40/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

Energy Price Graph - 20-12-2018

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.

Energy Market Analysis - 20-12-2018