Natural Gas the one to watch

08 March 2010

The power curve ended the week down feeling the pressure from the fuel curves as well as healthy supply situation. Looking forward, the gas market is the one to watch as it continues to dominant the fuel mix accounting for 50% of generating plant.

The power curve ended the week down feeling the pressure from the fuel curves as well as healthy supply situation. Summer 10 was offered at £34.40MWh and Winter 10 £39.95MWh. Looking forward, the gas market is the one to watch as it continues to dominant the fuel mix accounting for 50% of generating plant. The gas market has consistently felt downward pressure and if this continues then it will undoubtedly continue to drive the power curve so long as supply margins remain healthy. Warmer weather towards the end of the week will certainly help.


Gas  Bear Market  Weather 

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