
A bullish respite in a bearish market was seen with some gains seen on the power curve. A tight system forecast was the cause in the prompt market with a cooler than expected forecast. In addition an unplanned outage at BE's 660MW Heysham helped the bullish sentiment. Week 51 Baseload closed up £1.90MWh at £55.125. Further out Q1 09 was squuezed by the bullish prompt and a bearish gas market and recorded small gains closing at £54.775. Oil gains, and therfore subsequent gas contract gains further out helped to push up Winter '09 at £53.675MWh.
24 August 2005
27 May 2005
28 February 2005
06 August 2010
30 July 2010
08 March 2010
22 January 2010
04 September 2009
29 March 2010
08 March 2010
08 January 2010
05 January 2010
30 November 2009