Energy Forward Prices continue to gain ground
 
10 June 2011
Despite market participants describing the market as stagnant and directionless, energy forward prices continue to gain ground. Winter 11 power closed the week up at £59.65/MWh while NBP Winter 11 gas finished at 72.20p/therm.  
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Downward Trend Still in Play
 
13 May 2011
Most contracts in the UK energy markets continued to lose ground this week enforcing the downward trend that has been in play since the start of the month. The Winter 11 contracts closed the week at £57.60MW/h and 68.85p/therm.  
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Winter 11 - A Slippery Slope
 
06 May 2011
While March was a month of shocks and gains, April seems to have marked the start of a downward trend in the UK power market. The WInter 11 contract is just one example.  
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The Market in April 2011
 
28 April 2011
In comparison to the activity seen in March – the energy markets seemed relatively sedate shedding some of the value along the way.  
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Confidence Returns to Market
 
20 December 2010
Despite a continuation of cold conditions, confidence was seen returning to the market with a stabilisation of spot prices and comfortable system margins. There was some focus on the curve with seasonal contracts all reporting some gain on the previous weeks levels apart form Summer 13.  
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UK Power Prices Slip Again
 
10 September 2010
Thin liquidity combined with bearish gas and carbon prices pushed UK Power prices down with Winter 11 recording the greatest loss slipping £0.85/MWh to close the day at £48.40MWh  
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Natural Gas the one to watch
 
08 March 2010
The power curve ended the week down feeling the pressure from the fuel curves as well as healthy supply situation. Looking forward, the gas market is the one to watch as it continues to dominant the fuel mix accounting for 50% of generating plant.  
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Gas Balancing Alert Issued
 
05 January 2010
National Grid issues a rarely used Gas Balancing Alert following both supply and demand pressures. With severe weather warnings in place and freezing temperatures set to continue, will this be the last of the GBAs?  
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Where's the certainty?
 
23 December 2009
There was a time when you could quite comfortably forecast the running order of generation plant in the UK - but 2009 has seen a dramatic turn in the stack!  
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Unseasonal Temperatures help to melt prices
 
16 November 2009
Middle of November but no sign of wintery temperatures. The effect was to soften the prompt power market, which also felt the pressure from weak commodity curves. The downward trend fed through the power curve.  
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UK Gas price highest in World.
 
11 September 2009
The UK gas price in Q409 is attracting significant volumes of LNG gas to the UK but there is real doubt as to whether these prices levels will be maintained.  
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Lobbying for the Nabucco Gas Pipieline
 
28 January 2009
The Hungarian Prime Minister called upon the EU to contribute 200-300 million Euros to the Nabucco gas pipeline project during a 1 day conference held in Budapest on Tuesday.  
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Russia & Ukraine Battle it Out
 
02 January 2009
Tensions between Russia and Ukraine have been steadily increasing over the past few months as the two economies battle it out over debt repayment, gas flows, charges and threats of supply cuts.  
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Gas takes the Lion's Share
 
24 December 2008
Some interesting figures and statistics emerged from the Department of Energy and Climate Change (DECC) Energy Trends report published this week - increased power demand, improved efficiencies and record fuel percentage shares.  
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A Bearish Gas Market
 
07 November 2008
Lower demand, milder temperatures and strong supplies have helped to fuel bearish sentiment in the prompt gas markets over the week.  
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Summers Lack Shape
 
27 October 2008
Oil price volatility, credit constraints and the Lehman collapse has all badly affected liquidity further out on the gas curve.  
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Market falls on oil.
 
05 June 2008
The market has moved down by approximately £1 across the curve as oil prices finally take their toll on UK power.  
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Feeling the Squeeze
 
13 May 2008
Centrica will not repeat last year’s exceptional level of profitability their Chief Executive warned yesterday. But with rising energy prices it’s interesting to understand how they’re not cashing in.  
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Q4 v Q1 Future (Gas)
 
04 February 2008
Spreads sometimes show how markets can change, and this gas spread is an interesting one to analyse.  
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Coal looks interesting
 
11 January 2008
Coal although massively in demand has risen so much in price that players have switched to gas, this in turn has risen and perhaps as all commodities prices start to fall on economics some will start to look at coal more seriously again.  
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Ofgem liaise with Darling
 
07 January 2008
Darling thinks that Ofgem may hold the answers but Ofgem rightly do not interfere with markets something which Darling should be aware of.  
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Don't switch!
 
17 December 2007
Price war looming in gas and electricity prices, but RWE play it cool with a close of doors to new customers.  
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Oil options day
 
13 November 2007
Oil turns into a bit of a damp squib as players do not exercise their $100 options.  
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Short-term worries, sorted.
 
16 October 2007
Gas supply increases at the same time that two nuclear units return. Prompt price may well return below £30 and the sell off could be short and quick. Oil pries continue to worry.  
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Prompt continues to dominate
 
05 October 2007
The market looks set to settle down after the last three weeks excitement it is probably no bad thing that the world starts to do some fundamental analysis.  
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Summer 08 analysis
 
03 September 2007
The summer 08 is having to respond to the gas market which is charging too high a price for buying forward.  
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Will the range break
 
23 August 2007
Markets start to look asthough they may break the range but what event will spur the final push through the lows.  
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Short term gas looks rosy
 
21 August 2007
A recent report suggests that there will be over supply in the gas market and this will feed in particularly hard in 2009.  
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Prompt ticks up
 
15 August 2007
Players see a slight rise in prompt prices but recent trading suggests it is likely to be short lived.  
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Prices slide
 
17 July 2007
The gas market has been sold off a little on the back of oil price falls today.  
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Gas and emissions part.
 
16 July 2007
Gas and emissions do opposite things but there is a sense of fear over supply worries at Bacton and what the russians could do.  
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Will nuclear go Green
 
05 July 2007
The demand for carbon footprint reductions is large but the industry must be careful not to over engineerthe solution.  
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Russia's Hold on Gas
 
30 May 2007
With the UK increasingly dependent on imported gas, seeing Russia squeeze out foreign investors in order to regain state control of energy assets has to be a concern.  
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The Summer Squeeze
 
29 May 2007
Tight plant margins, unseasonable weather and volatile gas flows are all doing their bit to help firm prices.  
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Keeping an Eye on the US
 
21 May 2007
Many years ago, what our cousins did on the other side of the pond was of little or no interest. But more recently it has been wise to keep an eye on what they're up to.  
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Q3 continues to rise
 
02 May 2007
Q3 continues to rise on some gas concerns and arbitrage opportunities with Europe. It is likely that there will be a bit of a squeeze on prices in Q3 and hence the premia but the market looks a little over hyped.  
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Gaspec
 
18 April 2007
Gaspec could compete with Opec with Russia becoming the new Saudi Arabia, it is unlikely but watch this space.  
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Market bears return
 
03 April 2007
Falls across most of the market as players attempt to react to new emissions data and see how it translates for next year.  
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Langeled and Drax
 
29 March 2007
Large marginal plant can be an advantage but it can also effect markets quite significantly.  
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Market rises
 
26 February 2007
The market has finally picked up which was always expected but will it be sustained through March.  
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Is Q3 over valued?
 
07 February 2007
Q3 is diverging between power and gas and so the risk premia is looking expensive, the spark spread traders must be wary of this but many of them have become out and out power traders.  
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