Energy Market Analysis - 12-11-2013
12th November 2013 | Posted by: Daniel Birkett | Market Analysis
Spot power prices climbed higher yesterday as a consequence of colder temperatures and a lower wind forecast. Gas prices also increased yesterday despite a well-supplied system, the colder weather which has led to higher demand was again the cause of the bullish movement.
Energy Market Analysis - 11-11-2013
11th November 2013 | Posted by: Daniel Birkett | Market Analysis
Spot prices held firm on Friday as higher wind generation was expected to counter a slight drop in nuclear availability. Prices ticked higher this morning with stronger oil prices and an increase in demand being the main influences on today's market.
Energy Market Analysis - 08-11-2013
8th November 2013 | Posted by: Daniel Birkett | Market Analysis
Prices along the far-curve fell significantly following another drop in Brent prices with seasonal contracts falling by around 0.30ppt. Near-curve prices also moved down as linepack remained long throughout the day and supply levels were healthy.
Energy Market Analysis - 07-11-2013
7th November 2013 | Posted by: Daniel Birkett | Market Analysis
The spot market is expected to tighten midway through next week but until then fluctuating conventional power capacities could provide some unexpected price movement.
Energy Market Analysis - 06-11-2013
6th November 2013 | Posted by: Daniel Birkett | Market Analysis
Healthy wind generation and ample thermal capacities have helped spot prices remain bearish. Slightly milder weather is also expected for the next week or so which should help lower demand levels and support the bears.