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...

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.  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...

OPEC Fail to Reach Agreement  

08 June 2011

OPEC met on 8 June but failed to reach a consensus for the first time in 20 years -oil production levels remaining unchanged.  read more...

High Oil Price Threatens Economic Recovery  

20 May 2011

The International Energy Agency (IEA) releases statement urging OPEC to increase supply or risk derailing the economic recovery.  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...

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...

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...

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.  read more...

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.  read more...