Chris

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    Chris

    Gas prices fell considerably at the beginning of last week due to seasonal demands being so much lower than forecasts. Lessons learned from last years ‘Beast from the East’ have caused stocks to be oversupplied, just in case we’re hit with such cold temperatures again this year. More
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    Chris

    A combination of low wind generation and colder temperatures created a higher demand for gas last week. Alongside sharp rises in coal and carbon prices, these factors have created increases across the board with both gas and electricity prices moving steeply upwards. More
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    Chris

    Gas prices fell last week due to milder than forecasted temperatures causing a fall in demand which, combined with a good flow of natural liquid gas coming through, led to an oversupplied system. Electricity prices tracked gas prices downwards, supported by strong levels of wind generation, but settled towards the end of the week. More
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    Chris

    A combination of temperatures falling below seasonal norms, along with a gas pressure failure at a processing plant in Norway, caused gas prices to increase throughout last week. Strong wind levels on Monday provided the grid with 22% of its electricity requirements though, unfortunately, this wasn’t enough to prevent electricity prices from tracking gas upwards. More
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    Chris

    putting an end to the plummeting prices of the last couple of weeks for gas and electricity. In addition, despite milder temperatures, gas prices increased this week owing to low wind levels calling for more gas-fueled generation. Electricity followed gas upwards at the start of the week, but strengthened with the improved wind output mid-week. More
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    Chris

    Gas prices took a sharp drop last week thanks to strong supply conditions and a fall in the price of oil, despite a planned outage at a gas terminal in Scotland. Electricity prices followed the downwards trend with additional support from high wind generation, which peaked on Tuesday generating a whopping 35% of the electricity in the UK and in turn, reduced the demand for gas and coal fired generation. More

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