|Market Close||Market Close|
|The sharp rise in Norwegian flows, while demand was weaker than expected, pushed spot and near-curve prices lower yesterday. The fall in oil prices provided additional bearish pressure.||Power prices remained supported yesterday, impacted by low levels of solar power generation and planned and unplanned outages.|
|Market Open||Market Open|
|Fundamentals are reversing this morning, with higher UK gas demand and lower Norwegian supply tightening the system. Weaker oil prices could limit any gains seen on the far-curve as the US Dollar strengthened.||The front of the power curve saw some rises this morning, possibly due to increased power generation and a short Gas system, limiting supply. Curve prices are tracking the slide in fuel prices, while wind generation is expected to be lower than forecast, and temperatures will also be milder.|
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