Comfortable margins on the system as well as a Bank Holiday helped to minimise the gains recorded in the UK Power market on Friday.
With concerns from earlier in the week of plant coming off-line for weekend maintenance dissipating, and with forecast warm weather, a Bank Holiday and school holidays looming, as well as fairly quiet oil market - the UK Power Market did not record a single record price! Winter 08 recorded just a £0.15MWh gain on Thursday’s days close although Winter 09 did record a larger gain of £0.40MWh. This means there is now just under £1MWh differential between these 2 contracts – a signal that the power curve is mirroring the contango seen in the oil market.
12 December 2005
The oil explosion at Buncefield whilst limiting storage capacity for oil is unlikely to seriously effect gas and power markets. Expect a small rise but when the embers die down so will the price. read more...
01 September 2005
Beware of the impact of increasing freight prices on the back of Katrina. read more...
31 August 2005
Oil rises on the back of Katrina effect. Winter 06 hit more than the prompt. read more...
08 June 2005
Contango causing large customers to manage their own risk. read more...
Bearish Gas Market
The short system seen during the week provided little support in a bearish market. read more...
04 September 2009
The short system seen during the week provided little support in a bearish market. read more...
Should I buy long term power contracts?
With a market in contango, should the customer steer clear of long term contracts? Probably not.. read more...
14 August 2009
With a market in contango, should the customer steer clear of long term contracts? Probably not.. read more...
Summers Lack Shape
Oil price volatility, credit constraints and the Lehman collapse has all badly affected liquidity further out on the gas curve. read more...
27 October 2008
Oil price volatility, credit constraints and the Lehman collapse has all badly affected liquidity further out on the gas curve. read more...
Q4 v Q1 Future (Gas)
Spreads sometimes show how markets can change, and this gas spread is an interesting one to analyse. read more...
04 February 2008
Spreads sometimes show how markets can change, and this gas spread is an interesting one to analyse. read more...
Ernst and Young Reports states gas reliance by 2025
Ernst Young think that gas is where the growth is. Powerisk disagrees and thinks that the future is in coal this where the growth in the technology is. read more...
22 January 2008
Ernst Young think that gas is where the growth is. Powerisk disagrees and thinks that the future is in coal this where the growth in the technology is. read more...
Monthly Review - Jan 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...
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
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...
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
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...
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
In comparison to the activity seen in March – the energy markets seemed relatively sedate shedding some of the value along the way. read more...
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
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...
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...
Oil Disruption Fears create Volatile Markets
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...
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
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...
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
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...
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
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...
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
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...
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...
Keep up to date on energy trading news.
Click here to subscribe
Click here to subscribe
Powerisk Online tools and services.
Click here to login
Click here to login
Powerisk glossary of power terminology.
Click here for glossary
Click here for glossary
