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.  
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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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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.  
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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.  
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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.  
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Weather continues to dominate
 
10 December 2010
Tight margin concerns resulted in Spot prices reaching highs for nearly two years. The cold weather conditions were the driving force though supply issues compounded the situation.  
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Cold snap results in single highest gain since Jul-09
 
08 November 2010
Prompt contracts responded to the expected cold spell forecast for this week with the Day Ahead contract (Baseload contract for Monday delivery) on Friday gaining £2.65/MWh – the single highest gain seen since July on this contract. This bullish sentiment did not feed through to the rest of the curve though.  
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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.  
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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!  
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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.  
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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.  
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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).
 
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