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Tim

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    Tim

    Gas-Day Ahead prices rose due to a planned outage at a Norweigan processing plant. We will see if the planned return to service on 22 August comes good. Further forward, the upturn in prices seen last week continues. Electricity - is following gas pretty much £1/MWh for every 1p/Th increase. More
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    Tim

    Despite demand being above seasonal norms last week, gas prices came down in line with Brent crude oil which fell by around 5%. Electricity prices closed the week fairly flat considering poor wind generation, as prices were supported by the gas movements. More
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    Tim

    UK wind output remained low with the higher than average temperatures and all of the sunshine, record solar outputs were forecast in Germany last week. Gas saw gains in the week due to rising coal prices driving things up and electricity followed a similar trend for most of the week. More
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    Tim

    Gas went into oversupply during the week, as temperatures raced upwards past seasonal norms, which helped short-term gas prices to tick down slightly with electricity then following suit, helped by solar. The longer term was a different story, however, with the effect of oil increases passing through to all prices. More
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    Tim

    Short-term gas prices fell slightly this week, helped by the export pipeline to the continent being offline for maintenance, which resulted in strong supply conditions. However, many factors combined with the long-term prices and they ultimately remained fairly stable and in line with oil. More
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    Tim

    The overall upwards march in prices over recent months saw a welcome change this week, mainly due to the warm weather in the UK and the oil price falling back with news that OPEC may open up production levels. More

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