The Rally Continues in Electricity
 
08 July 2011
Where June ended on a bearish note, July opened with a distinctly more bullish feel to it. By the 8th July, the Winter contracts had each gained around £1/MWh with Winter 11 trading at £57.70/MWh, Winter 12 at £59.60/MWh and Winter 13 at £63.45/MWh.  
read more...
Energy Curves regain some of the Losses
 
01 July 2011
The energy markets have recovered from the 'plunging losses' seen earlier in June which dragged down fuel and power prices. Prices across the power curve all report strong week on week gains.  
read more...
Prompt Prices at a Premium to Winter..
 
01 October 2010
The focus this week has been on the prompt markets with system constraints and gas uncertainty the main cause. Together the constraints and uncertainty have had an interesting impact on the shape of the power forward curve.  
read more...
Gains Seen Across the Curve
 
21 December 2009
There was no sign of an early Christmas in the power market on Friday with a 'flurry' of trading resulting in gains across the power curve.  
read more...
CRC- What Price?
 
03 February 2012
In November it was reported that traders in the UK energy markets were beginning to place bets that the Government will not go ahead with its controversial Carbon Floor Price. The Carbon Floor Price has relevance to the CRC, not least because some commentators have suggested that the fixed price levels could track the known Carbon Floor Price. Current EUA prices also seem vastly at odds to the proposed CRC price. British business is lobbying hard for a level and competitive playing field.  
read more...
Carbon Floor Price Announcement: The Market Reacts
 
25 March 2011
The tensions seen in the markets last week, as participants assessed the impact of Japan and nuclear withdrawal in Germany, appeared to have eased when the market started trading on Monday. The Government's mid week budget Carbon Floor Price announcement soon changes that though  
read more...
Japan, Germany & MENA -Global Energy
 
18 March 2011
Bullish gains were seen across the fuels complex as traders and analysts rushed to assess the impact of the devastating earthquake and subsequent Tsunami in Japan as well as Germany's announcement that it was to take 7 nuclear generators offline immediately.  
read more...
Capacity Payments Discussed as a Tool to encourage Investment
 
30 June 2010
In a week when the engineering industry, in its State of the Nation report, said that the Energy Industry gave the most cause for concern in light of security of supply, Energy Minister Charles Hendry spoke of 'Capacity Payments' as a tool to incentivise plant development.  
read more...
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.  
read more...
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!  
read more...
A sliding Prompt
 
14 November 2008
A comfortable system in terms of supply margins left the prompt power market sliding.  
read more...
European Credit Downgrades add to European Woes
 
13 January 2012
Standard & Poors, the credit rating agency has downgraded 9 eurozone countries: France, Italy,Spain,Cyprus, Portugal, Austria, Slovakia, Slovenia and Malta. This comes at the end of a week that has seen strengthening oil prices but surpressed UK gas and power markets.  
read more...
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.  
read more...
Turmoil returns on Greek Announcement
 
01 November 2011
Following last weeks announcement that the eurozone leaders had reached an agreement on a Greek bailout - one that would see banks take a 50% hit on their holdings of Greek debt, the Greek Prime Minister made his own shocking announcement that he plans to hold a referendum on the matter. The Markets tumble in response.  
read more...
Eurozone Debt Deal Announced
 
27 October 2011
After prolonged discussions and late night talks, European leaders have announced a agreement on a a Eurozone debt deal. But will the devil be in the detail?  
read more...
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.  
read more...
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.  
read more...
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!  
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...