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A nation that can't control its energy sources can't control its future. Barack Obama

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  • Short-term prices on both gas and electricity took another step upwards last week, with the balance of supply and demand factors ending the week in under-supply forecasts. Longer-term prices also rose, mainly due to Brexit uncertainty and associated currency effects. Read More...
  • A volatile week with gas availability and renewable generation fluctuating considerably day to day. Overall however, gas supplies from the continent were down on expectations pushing short term prices up and overall wind and solar electricity generation did not manage to compensate, meaning short term electricity prices followed gas upwards. Read More...
  • Announcements that the outages at the Statoil processing plant in Norway will continue until October, pushed short term prices up. Electricity managed to resist because of very high wind generation towards the end of the week, reducing reliance on gas fired power stations. Read More...
  • A pretty uneventful week overall with regard to price movements. Looking to the next few weeks, two Qatari LNG ships are expected any day which should depress day ahead gas into August. Continuing the international theme, coal prices in China have risen which, due to their vast consumption, could lead to gas climbing off the back of it. Read More...
  • Prices for long-term gas, followed by electricity, remained fairly stable. Oil prices were affected by Sterling exchange rates, resulting in only small downward price movements. Short-term gas prices dropped, due to supplies from Norway increasing, while electricity prices rose as forecasts for wind generation were revised. Read More...

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