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A nation that can't control its energy sources can't control its future.Barack Obama
Colder forecasts and low wind generation create volatility in the market
The energy market experienced the first spell of volatility we’ve seen in a while last week, with both gas and electricity suffering. This was caused by subdued wind generation, increasing demand for gas-powered electricity generation and some fluctuating concerns regarding supply storage levels versus demand, due to falling temperature forecasts for the coming weeks. The unpredictability was softened a little as temperatures remained above seasonal norms last week and long term we have a good supply of Liquid Natural Gas shipments coming in.