This week's power generation analysis - 09-01-2015
9th January 2015 | Posted by: Daniel Birkett | Market Analysis
Average demand levels this week were slightly higher than before the Christmas holidays, averaging 43.7GWh compared to 40.4GWh (week commencing 15/12/2014).
Energy Market Analysis - 09-01-2015
9th January 2015 | Posted by: Daniel Birkett | Market Analysis
Spot power prices weakened once again during yesterday's session as wind generation levels were healthy and continue to improve.
Energy Market Analysis - 08-01-2015
8th January 2015 | Posted by: Daniel Birkett | Market Analysis
The main market driver is falling Brent which hit a 5 year low in the afternoon, while healthy LNG supply helped to weigh on the near-curve with numerous deliveries expected.
Energy Market Analysis - 07-01-2015
7th January 2015 | Posted by: Daniel Birkett | Market Analysis
Further losses are expected as milder weather is expected later in the week and over the weekend which will reduce demand levels.
Energy Market Analysis - 06-01-2015
6th January 2015 | Posted by: Daniel Birkett | Market Analysis
The UK gas system remained long with the warmer weather keeping demand down. LNG storage supplies remain plentiful, raising concerns of an oversupplied market.