Energy Market Analysis – 07-04-2021
7th April 2021 | Posted by: Daniel Birkett | Market Analysis
Gas prices opened strongly yesterday as a revision to weather forecasts suggested that temperatures could remain below the seasonal norm for the next two weeks, resulting in higher demand. However, his bullish sentiment waned slightly as the session progressed.
Energy Market Analysis – 06-04-2021
6th April 2021 | Posted by: Daniel Birkett | Market Analysis
Markets were closed on Good Friday but gas prices moved higher on Thursday due to the cold snap forecast for this week which was expected to test the system. However, healthy supplies and a stronger wind generation outlook offered resistance.
Energy Market Analysis – 01-04-2021
1st April 2021 | Posted by: Daniel Birkett | Market Analysis
Continued warm weather and healthy supply resulted in a long system throughout Wednesday’s session, contributing to losses across the near curve. Imports from Norway and the UKCS were strong following maintenance, while LNG send-outs remained high due to numerous deliveries over the past month.
Energy Market Analysis – 31-03-2021
31st March 2021 | Posted by: Rebecca Haughton | Market Analysis
Power prices have increased slightly this morning, with Year Ahead prices up by £1.01/MWh. Wind demand has dropped, increasing demand however, solar generation can help pick up some of the slack with the short-term sunny conditions.
Energy Market Analysis – 30-03-2021
30th March 2021 | Posted by: Lawrence Carson | Market Analysis
Gas prices continued to fall yesterday as the news of clearing the Suez over the weekend hit markets, April closed 1.4ppth lower than last week with Summer-21 down 1ppth.