Warm weather weighs heavy on prices
 
06 January 2012
Unseasonably warm weather and European debt crisis fears continued to influence the markets at the start of 2012. While oil did open the year up on the back of strong economic data from both the US and China, it retraced its steps on surprise US stockpile data combined with the Euro debt fears.  
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November 2011 Review
 
02 December 2011
While debt repayment concerns combined with woeful economic indicators continued to be a feature throughout November, supply and demand fundamentals were an obvious driver too. Unseasonably warm weather combined with (and causing) plentiful gas storage meant that UK power and gas markets went into a nose dive.  
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Plunging Prices Impact UK Energy market
 
17 June 2011
Oil markets were described as 'plunging' as fears escalated over the Greek debt crisis. With the dollar/euro exchange rates under pressure oil lost value pulling down NBP gas and UK power prices too.  
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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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A Market Correction?
 
08 April 2011
Losses were seen in the UK energy markets this week despite oil gains. This was the first sign that gas was decoupling from oil with suggestions in market implying that the recent gains had been ‘over done.  
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Market ticks up
 
04 March 2009
The power market ticked up marginally today on the back of retail clients starting to hedge exposures out of April 09.  
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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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Peaks vs Baseload Ratios
 
05 March 2006
The peak baseload ratio is a good traders guide to the state of the market. Much below 1.1 and you need to buying peaks, much above 1.5 and you need to be selling them, but it is perhaps more interesting to look at the individual ratios against each other.  
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February Monthly Round Up
 
25 February 2011
February was dominated by news of unrest spreading throughout the Middle East and this had a direct impact on all aspects of the UK energy market with gains seen in the UK Power and NBP Gas curves.  
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Where has the market got left to go?
 
03 September 2010
Clean spark spread prices in Winter’s 11 and 12 are trading below £5.00MWh (closing at £4.87 and £4.59 respectively). The equivalent Summer’s are not that much stronger asking some to ask is there anymore downside left at these levels.  
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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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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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