Chris

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    Chris

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    Chris

    Longer-term prices for electricity and gas followed oil and coal downwards. This was also the trend for the short-term market, which was helped down by temperatures that were forecast to be slightly higher than expected and good wind generation. More
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    Chris

    Most factors kept the downward pressure on prices this week. Strong gas imports, higher than expected temperatures and currency gains all helped to push short and long-term prices down past September 2017 levels. More
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    Chris

    Strong imports of gas from Norway and a good week for wind generation both helped gas prices to fall significantly in the short-term, whilst the dip in oil price and strengthened pound allowed the long-term prices to follow suit. Electricity tracked gas in both respects. More
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    Chris

    Oil prices continued to push through recent highs, although increased supplies flowing from US wells helped to temper the effect of the unrest in Iran. Gas was in oversupply for most of the week, keeping prices low in the short and medium term. More
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    Chris

    With the market closed on both Christmas and Boxing Day, it reopened on the Wednesday with gas prices finishing lower due to strong domestic supply conditions. However, a combination of an undersupplied system and below seasonal average temperatures saw some volatility towards the end of the week, with things finally settling on Friday afternoon. More

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