System Tightness pushes up Prompt

04 September 2008



Early system tightness helped by ‘tripping units’ saw Day Ahead prices jumping.

Early system tightness helped by ‘tripping units’ saw Day Ahead prices jumping. Friday Baseload went from £94.50-£99 MWh range to £105/MWh while peaks rose to a high of £134/MWh from £117/MWh closing the day at £132/MWh. The bullish spot market helped to fuel the gains further along the curve with weeks and months all making healthy gains. The supply tightness wasn’t helped by the 500MW reduction in the UK-France Interconnector – a reduction which is expected to remain in place early next week read more ...

Credit Impacts on Liquidity  

11 September 2008


The Energy Markets are still trading with the banks including Lehman Brothers, the 4th largest investment bank in the US who is struggling to shore up its position following its significant sub-prime related losses.  read more...

Speculator Irony  

19 September 2008


With all that has happened in the financial markets this past few days, and with Lehman Brothers collapsing on the 14th September, the one thing that has remained constant is the Speculator Trader rubbished as a cause of volatility and prices rises in one market or another.  read more...

EdF to pay £12.5 billion for British Energy  

24 September 2008


EDF has struck a £12.5billion deal to take over British Energy, the British nuclear generator.  read more...

Supply Fundamentals Drive Price  

26 September 2008


Following National Grid’s downward revision of the power surplus data, October Baseload moved over £11/MWh intraday to a high of £119/MWh closing the day at £116/MWh.  read more...


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