30th September 2020 | Posted by: Natalie Ormrod | Market Analysis

Gas Power
Market Close Market Close
Gas prices saw a mix of minor gains and losses on the curve and a marginal dip in spot prices. Oil, Coal and Carbon saw weakness following chaos at the first US presidential debate. UK Power prices tracked the NBP yesterday and came under some pressure owing to spot weakness which cascaded across the curve as the broader commodity complex weakened.
Market Open Market Open
The Gas system is long this morning as Norway sends more volumes to the UK at the expense of the continent, and wind generation is stronger. Russian flows via Nordstream have also been nominated lower. Prices are mostly flat in early trade action. Power markets retain some of their support this morning, through drier and cooler conditions and weak renewable forecasts for tomorrow. Global equities are down amid the US election chaos and COVID concerns.

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

Brent Summary


Brent 1st-nearby prices have seen a decrease this morning, coming under pressure from poor performance in US stock markets and weaker demand fuelled by growing COVID-19 uncertainty.


1-year forward prices


Market close data has revealed that the 1-year forward price for both commercial gas & commercial electricity decreased, closing at 37.2ppt and £47.70/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 - 30-09-2020

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.