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The Energy Efficient Clock Change  

29 March 2010


A wet and cold week in store for most but clock change is likely to help absorb some of the impact of energy use - but could the clock do more?  read more...

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.  read more...

Gas Imports Keep the System Balanced  

08 January 2010


Two GBAs in one week, use of Interruptible Supply Contracts and record temperatures but the system remains balanced and gas prices even drop during trading.  read more...

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?  read more...

Winter is Coming - or is it?  

30 November 2009


With the 'balmy' temperatures enjoyed over November , it's hard to believe that tomorrow officially marks the start of winter according to the Met Office - but what can we expect?  read more...

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.  read more...

Demand Led Economic Recovery?  

09 October 2009


What constitutes real demand is a question increasingly being asked, not least because it is viewed as a key indicator to signal the start of economic recovery. However a rise in demand may not necessarily mean a lift to the economy.  read more...

A Rare Bull Appearance  

09 December 2008


A bullish respite in a bearish market was seen with some gains seen on the power curve.  read more...

Not a Single Record in Sight  

27 May 2008


Comfortable margins on the system as well as a Bank Holiday helped to minimise the gains recorded in the UK Power market on Friday.  read more...

Demand Drives Prices  

14 May 2008


Mild weather, ample supply margins and lower prices in France….all help to firm UK Prompt Prices??  read more...

Warm Weather Helps to Melt Prices  

07 May 2008


Warm weather and over supply all helped to maintain a downward pressure on gas prices both in the prompt markets and further out on the curve.  read more...

Prompt and Curve diverge  

19 February 2008


Could the change in price be a trading signal.  read more...

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.  read more...

Prompt pulls 09 down.  

01 February 2008


The prompt market continues to influence the back end of the curve.  read more...

Energy Intensives Users Group hint that Summer is a concern  

30 January 2008


The EIUG make some interesting observations but it is clear that the relationship between the spark and dark spread is of growing importance.  read more...

Market falls on the back of fundamentals  

25 January 2008


Market slips on fundamentals which show growing supplies as demand fall on mild weather.  read more...

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.  read more...

Curve anomalies cause high Summer 08  

09 January 2008


Sometimes the sum of the parts does not always equal the whole. Players must look at arbitrage between months and seasons.  read more...

Rough starting to fill up.  

02 January 2008


Storage still a very important dynamic in the gas market.  read more...

E.On CEO says electricity prices too cheap  

24 December 2007


Power prices likely to remain high  read more...

German demand down 5%  

20 December 2007


German demand drop so significant that if Europe has followed suit then the need for nuclear and new build could be put on hold.  read more...

December averages  

18 December 2007


December averages make interesting reading.  read more...

Gas storage being used across Northern Europe  

13 December 2007


Storage facilities are being used and giving traders and operators more flexibility worldwide.  read more...

Warm winter predicted  

23 November 2007


Met office think that it will be warm this winter so go long and wrap up!  read more...

Storm surges in the North Sea affect prompt prices  

09 November 2007


Gas fields turn down as staff move back to shore.  read more...

Batten down the hatches  

17 October 2007


Oil continues to rise and it is causing some to worry that $100 is not unreasonable.  read more...

Hedge funds move out of oil  

08 August 2007


Oil slides aggressively on the back of hedge fund sellers. The question on traders lips is when will this start to feed into the power market.  read more...

October 07 could be of interest  

31 July 2007


October is an interesting shoulder month to watch, it shows a dichotomy between the gas and power market.  read more...

Stock market tumble does nothing for power market  

27 July 2007


Stocks and shares tumble as energy prices remain rangebound. Oil stocks will be worth looking at.  read more...

Power and Gas markets become contrary.  

13 July 2007


The market responding interestingly to the change inf undamenatlas, as weather gas and carbon data all influence the market in differing ways this week.  read more...

Weather warning  

11 July 2007


Met office predictions suggest that next Winter could be cold, but then their predictions can be prosaic!  read more...

July 15th  

03 July 2007


Market stable but the sellers seem more comfortable with the complete lack of a summer.  read more...

Met office appear to struggle  

25 June 2007


Its wet almost everywhere and this only proves that predicting the weather is like trying to pick the winner at Wimbledon. Everyone knows that Federer should win and this was the hottest summer on record but it looks like a Pat Cash could win again!  read more...

Some worries for the future  

12 June 2007


Some players are looking carefully at margins in July and August but it does not appear to be too bad at the moment.  read more...

Price Slide  

04 June 2007


Pressure from forward sellers could see the buyers run to the hills.  read more...

The Summer Squeeze  

29 May 2007


Tight plant margins, unseasonable weather and volatile gas flows are all doing their bit to help firm prices.  read more...

Market rises on a monday  

14 May 2007


Market continues to jostle for position with no new fundamental information.  read more...

What happens if the MET get it wrong.  

04 May 2007


Could be interesting if it does not turn out to be as hot as predicted. Players may just end up being a little long and wrong.  read more...

Market tendencies  

03 May 2007


The barren lands of the UK power market are seeing trading houses concentrate on greener pastures in Germany and France.  read more...

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.  read more...

Q3 rises as back end remains solid  

01 May 2007


Q3 is a cause for trading interest as it looks like the producers are buying and the banks are selling. Always dangerous as it is a test of pocket size!  read more...

The market rises on hot air!  

30 April 2007


The market rose marginally this morning as players looked to square out positions from the weekend. As players concentrated on June which is trading at a £5 premium to the week ahead.  read more...

Gas- The story so far.......  

26 April 2007


Gas market continues to be influenced by some funny things, carbon oil and occasionally market fundamentals.  read more...

St Georges Day marks no real change  

23 April 2007


The market has continued to be lacklustre with a few buyers returning for some additional morcels of market information.  read more...

An arctic test  

16 April 2007


Will the market trickle up this week on fears of a cold snap, if so then expect a significant sell off when it is confirmed that the cold snap is definitely coming!  read more...

Oil Opec and why it is important  

13 April 2007


Oil opec and demand might cause some to interpret things very differently to others but oil still plays a role in the energy markets far more so than some might have predicted.  read more...

Summer Haze  

12 April 2007


The market has felt a little rudderless but this is not something which will last forever, options players and sparkers will inject some direction soon. At this time of year in the past the market has tended to fall.  read more...

Gas market adds to bearish pressure  

11 April 2007


The market continues to fall on mild weather plentiful supply and a vernal feeling of euphoria.  read more...

Winter 07 might look expensive  

20 March 2007


Breaking the constuent parts of seasons is never easy but close fundamental inspection suggests that Winter 07 looks over priced.  read more...

Temperature flexing demand  

16 March 2007


The market for weather related deals is growing but how good is our handle on this sort of stuff.  read more...

Markets a little more buoyant  

08 March 2007


The market continues to rise carefully, but perhaps most interestingly their are significant differences in quarters which may be of interest to some.  read more...

Market bounces a little  

16 February 2007


Market sees a little support as a few buyers return to test to see if there is an upside level. Flushing out some stop losses might be the next move.  read more...

Has the market seen the Winter cold snap.  

13 February 2007


The market is responding to mild weather plentiful supply and a feeling of low prices are here to stay. The long term forward buyers are being corageous in trying predict the low of the market and yet the bearish signals are still there.  read more...

Peak demand low for one of the coldest weeks in Winter  

25 January 2007


The market is responding to low demand plentiful supply with further falls. Summer 07 has not breached £25 but there is every chance it could.  read more...

Windy day sees lower prices  

19 January 2007


The market is looking for fundamental signs as to what may happen in the future. Winter 07 might look overpriced when the average day ahead price for January is likely to turn out at sub £30.  read more...

A case of rumour and counter-rumour  

18 January 2007


Market gains eroded as players realise that it is not going to be as cold as was predicted.  read more...

Market Bulls reappear  

17 January 2007


The market wakes up with avengence both in terms of bullish activity but also on volume. It appears that traders are most willing to trade with a good combination of natural buyers and sellers.  read more...

Prompt rises on cold snap potentials  

16 January 2007


The market looks slightly more bullish with day ahead and next week responding to a potential cold snap. The market needs to know how cold it will be and whether the £4 premium is justified.  read more...

Traders claim we are at the bottom  

15 January 2007


The market has suggested that new lows have been reached but traders are often crying wolf and the market is not so low that the players are really hurting.  read more...

Bull sightings getting rarer.  

08 January 2007


The markets continue to fall and this suggests that levels may well have further to fall.  read more...

2007 to be hottest on record  

04 January 2007


The market continues to jockey for position with bears being cagey despite significant falls in emissions.  read more...

Bulls reappear  

18 December 2006


The market has ticked up marginally on Friday and today with some early seling in the month of January but Winter and Summer or the non-movers.  read more...

Prompt continues to be bashed  

22 November 2006


Prompt continues to be of interest to most players with trading further along the curve limited.  read more...

Market Update- steady but the bulls are back  

20 November 2006


The market has responded to technicals and fundamentals specifically on fuel spreads.  read more...

The problem with trading forward  

16 November 2006


Market a little lacklustre with players slack to tighten spreads and trading small amounts of spark spreads. Sellers appear to have gone to sleep and the relentless buyers are having to bridge the bid offer spread.  read more...

Winter is here....  

03 November 2006


The market is responding to the cold weather but it is not causing any concern and most are determined to concentrate on the prompt and not the longer term.  read more...

Weather Check  

27 October 2006


Weather forecasts suggest that the mild weather will last well into November, but when it does start to get cold look for those tell tale price increases.  read more...

What's it oil about?  

26 September 2006


The oil market is tending to be an influence again in gas and power.  read more...

The bearish part of the year  

25 August 2006


This part of the year tends to see a fall in price can it last for more than three weeks.  read more...

Gas in the middle of Political Debate  

24 August 2006


Gas is plentiful and although a few are arguing that it could be tight most are realising that lessons have been learnt from last year.  read more...

Q1 07 dangerously close to breaking £60  

15 August 2006


The bears are back and the length seen as a necessity by trading houses at the begininng of the year is slowly making its way back into the market. Perhaps the hedge for today is to short British Energy shares.  read more...

Winter 06 Technical Levels breached  

01 August 2006


Winter 06 falls below the technical levels and could be in for further falls if things continue the way they are going with gas prices on the march down.  read more...

Coolness descends on prices  

31 July 2006


Prices fall on cool weather and players are keen to try and capitalise on this fall and so it will be interesting to see whether prices stay here for long.  read more...

Continental prompt spikes but has little effect on the UK  

26 July 2006


Market falls in Winter again, but the prompt is high on cooling worries particularly on the continent.  read more...

Winter 06 slides.  

24 July 2006


Winter 06 reacting maturely to the prompt fears and beginning to move South as gas producers start to off-load some of their length.  read more...

Cooler climbs cause bears to come out of the woods.  

20 July 2006


Market cools as the temperature momentarily drops. The real question is whether players start to use this as an excuse to load up the back end of the curve.  read more...

Markets stabilise  

19 July 2006


The markets look more stable and although the back end has started to respond a little to oil and emissions it could well be short lived, as the fundamentals suggest that quite significant amounts of the 18GW of plant which was unavailable in July will return in August.  read more...

Two views on August.  

18 July 2006


Two views on AUgust appear to at loggerheads and the sellers and buyers are trading aggressively. One suspects that the events of today and this week will be long forgotten by mid August.  read more...

Middle East explodes in the markets  

17 July 2006


The short term facts suggest that the market had to go higher, but this does not mean that we should see the back end of the curve rise inexorably as well. Some sellers are keeping a cap on the backend of the curve but the buyers also have to be disciplined.  read more...

Rough influences Winter 06  

05 July 2006


Market edgy on the back of new Rough information and a feeling that the prompt is under pressure with warm weather and plant outages. As July today has been 10 degrees hotter than average, players know that this could drive prompt very high with air conditioning demand.  read more...

Penalties, and prompt.  

03 July 2006


Prompt prices the key fundamental as to what will happen with the power market. If in the next three days there are no further outages and the weather subsides so air-condintioning is not causing problems then we should see the Winter 06 fall further.  read more...

The bears are back  

07 June 2006


The market has slipped on fundamentals which suggest that the slide could be here for some time, but there are still events in the pipeline which could force some things North.  read more...

Bulls respond to cold snap with a vengeance.  

13 April 2006


The market has repsonded to a lack of supply and a cold snap driven demand increase with a significant price rise across the curve. It is hoped that when the snow melts so will the price but it traditionally takes longer for the back end to fall.  read more...

The Nightmare Scenario  

01 March 2006


The market balloons in price, profiling is abandoned, and Mrs Jones at 33 Wavertree Mansions is seen showering at 3am in the morning. Unlikely, but it is happening in the water industry.  read more...

A time for reflection- Weather or not it outturned.  

09 February 2006


Could it be a lack of water which is causing some bullish elements to return to the Summer, possibly but it is not a major fundamental and the bears will win through.  read more...

How cold has the winter been?  

03 February 2006


Europe has been much colder than the UK and this has meant European gas and power prices are setting new highs, this only shows that the system works, but it does make the market more jittery to foreign fundamentals.  read more...

March moves down- but we knew it would.  

25 January 2006


Powerisk stated some time ago that March traditionally gets over bid on the back of cold weather and spark spread data. Rarely does it last and this was predicted by Powerisk in does the spark ever breakdown.  read more...

Does the spark spead ever breakdown?  

20 January 2006


March looks expensive, but the spark is keeping it high. Powerisk analyses this in further detail and suggests that there maybe opportunities to come in the near future.  read more...

Predicted cold weather drives prices North  

18 January 2006


Fundamental drivers in the prompt are what are being used as the excuse for bullish activity. But commodities in general are keenly bid, oil prices are looking more likely to go higher and so players do not need excuses to buy further out.  read more...

Death by a thousand cuts  

17 January 2006


Mild weather causes the curve to take its lead from the prompt, which is slashed in balmy January.  read more...

Mild weather brings bears out of the woods  

13 January 2006


Bears return and they look destined to stay whilst the weather remains cool but not cold.  read more...

Christmas Week sees drop in prices  

22 December 2005


Very quiet as opportunities are thin on the ground. Time reflect on 2005 as a volatile year and hope that 2006 brings more liquidity to the UK power market.  read more...

Oil explosion unlikely to change bearish move.  

12 December 2005


The oil explosion at Buncefield whilst limiting storage capacity for oil is unlikely to seriously effect gas and power markets. Expect a small rise but when the embers die down so will the price.  read more...

Market calm before the storm  

11 December 2005


Market poised for further gains next week. Drax re-visits the constellation bid, as IP and Mitsui pull out.  read more...

Bears return with passion  

09 December 2005


Market falls on mild weather, settling of the gas market and the start of the Christmas season. Traders happy to react to the incumbent players.  read more...

Other markets can give clues  

07 December 2005


All markets behave in similar ways, but the recent rise in German and French prices may well feed into the UK in due course.  read more...

It's a simple case of buyers and sellers  

06 December 2005


There just seem to be few sellers, in the whole market and the buyers might have spied a bargain in Winter 06.  read more...

Mild weather predicted but no real drop in price  

01 December 2005


Market continues to remain strong with Q1 failing to get below £72/MWh where there is some resistance.  read more...

Bearish Sentiment feeds into market on potential mild weather  

29 November 2005


Prices fall as most had predicted but with mild weather on the way the fear is when will the next cold snap strike.  read more...

Bulls back, nuclear debate clear cut.  

21 November 2005


Week 47 holds key to unlocking how the rest of Winter may pan out. Nuclear debate looks over before it even started.  read more...


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EdF enters the world of competition..  

05 November 2009


EdF has capitalised on competitive energy markets across Europe, not least in the UK, while at the same time enjoying a dominant, competition free, environment at home in France. It looks as though the EC has finally caught up with them...  read more...

Demand Led Economic Recovery?  

09 October 2009


What constitutes real demand is a question increasingly being asked, not least because it is viewed as a key indicator to signal the start of economic recovery. However a rise in demand may not necessarily mean a lift to the economy.  read more...

Market forgets basic principles and panics!  

02 October 2009


It could be said that the market over reacted today in the prompt market with a price rally on the back of a £142 half hourly cash out price.  read more...

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