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.

The market continued not to be moved in any real direction, with oil prices and emissions moving upward marginally the power market followed suit. There is no doubt that the market needs something to kick start into a trading direction, the colder weather and the feeling that market had been sold down last week probably brought a few of the buyers out of the wood work, but there was no real conviction in the trading.

Margin and demand were down and up respectively and so the day ahead also rose above £20 which is not surprising, and perhaps is only suprising because players were marginally suprised themselves.


Carbon  Weather  Oil 

Related Articles
100 % Winter 05 resurgence  

01 September 2005


Beware of the impact of increasing freight prices on the back of Katrina.  read more...

67 % Which market do you believe?  

11 August 2005


Oil dictates play in the city, but gas power carbon and coal stick to the knitting and look at the fundamentals.  read more...

67 % Oil bulls return  

09 August 2005


Markets rise on oil fears hitting new highs, gas trcikles up and Carbon looks to respond. The bulls are back in town.  read more...

67 % It was a bounce!  

28 July 2005


Bullish sentiment returns, with fundamentals up across the scope.  read more...

67 % Power Falls across the curve  

13 July 2005


Bears are back, downward spiral across all fundamentals is welcome relief for the shorts in the market.  read more...


other articles on Carbon
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...

Coal, Gas & Carbon all help to hold WInter Down  

28 April 2008


Contracts across the power curve opened strongly helped by the high prices reported in the oil markets.  read more...


other articles on Weather
Monthly Review - Jan 2012  

01 February 2012


Weather, oil sanctions and European debt concerns were the pushers and pullers this month as energy markets responded to competing indicators. Volatility was the only constant.  read more...

Weather Forecasts and Iranian Threats  

27 January 2012


Forecast and outturn cold weather drove gas and coal prices this week which in turn had an impact on the power curve. Iran threatened to cut off crude supplies ahead of the EU's proposed July sanctions; a move that would impact EU nations as they seek to find alternative sources ahead of the import ban.  read more...

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.  read more...

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.  read more...

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.  read more...


other articles on Oil
Oil Disruption Fears create Volatile Markets  

20 January 2012


The European Union provided details this week of its proposed ban of Iranian oil imports as the Union steps up pressure over the country's nuclear programme.  read more...

Prepare for the clash of OPEC & IEA  

23 November 2011


With less than a month to go until OPEC meets, the statements are beginning to fly: OPEC believe the oil market looks balanced while the IEA again are saying that high oil prices could harm fragile global economic growth. Let the battle begin!  read more...

Markets Still Jittery  

21 November 2011


Most markets reported further losses today on the back of underlying nerves about the ability of both Europe and the US to repay their debts. Oil, commodities and equities all reported losses.  read more...

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.  read more...

Latest Figures Show the extent of Oil Shortfall  

15 April 2011


Despite increased OPEC production, output fell short of pre-Libya crisis levels. With little sign of a resolution in Libya, oil supply remains under pressure and with OPEC yet to cover the shortfall it seems that strong oil prices are here to stay (well for a while anyway).  read more...


Energy News by Date
2012 2011 2010 2009 2008 2007 2006 2005 2004
december november october september august july jun may april march february january
RSS Feed
Keep up to date on energy trading news.
Click here to subscribe
RSS
Day Ahead Electricity Prices

1y  6m  3m  1m
Powerisk Online
Powerisk Online tools and services.
Click here to login
Glossary
Glossary
Powerisk glossary of power terminology.
Click here for glossary
Glossary