
09 January 2007
Russian oil cust unlikely to massively effect the UK power market.
The russians have spooked the German market a little by closing off a pipeline which supplies 20% of german oil from Belarus. Whilst this would be a little scary (and much more so if it was this time last year) it is likely that the accusations of stealing oil are nothing more than accusations. Furthermore, Germany whilst a big user of oil in Europe is one of 25 countries and this pipeline only accounts for 20% therefore the effect on the UK power market is minimal. Oil tends to effect gas prices and on something short term like this the effects are tiny.
Perhaps more interestingly is the price of carbon which has halved in the last week for phase 1.
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History of Oil
 
30 June 2005
Contango - Is when the front end of the market is trading at a discount to the back end. It is more natural for markets to be in backwardation. Power markets being the exception to the rule.  
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POWER PRICE UPDATE
 
16 December 2004
At this time of year, traders are looking to square out positions in order to crystallize bonuses. They also look at next year, as to the clever plays in which they can make some money  
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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.  
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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  
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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.  
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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.  
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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.  
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The downward trend comes to an end
 
22 July 2011
The Power market was finally knocked of its downward slide on 19th July with oil and gas prices helping to break the trend. Oil received a boost from lower than expected stock levels (again) and hopes that a US debt deal could be reached. While a Eurozone Emergency Summit was held to rescue the Euro and throw a further lifeline to Greece.  
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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.  
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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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Yet Another Record for Oil
 
22 May 2008
A new record was again set for oil on Thursday when prices reached above $135 a barrel. Is increased output likely to ease pressure?  
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