Further falls in power curves, but signs things are levelling off

Wednesday 3rd April 2019

Whilst Markets continue to ease, there are signs that costs may now be levelling out. This trend is more evident for power than gas.

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Power downturn continues with warm, windy weather

Tuesday 19th March 2019

Prices across power and gas have continued to drop through March, helped by the above average temperatures and windy weather that we have experienced in the UK. This is in stark contrast to the prolonged cold weather this time last year. As a consequence, gas consumption has dropped and storage levels are very healthy for this time of year. With ...

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Spring-like weather creates more downward pressure

Tuesday 5th March 2019

Prices have continued to decline during the second half of February. This has predominantly been driven by the very mild weather, with record temperatures some 10 degrees above seasonal norms. As such, gas heating demand is down and storage levels are looking much more healthy than 2018. There has been a slight upturn at the end of last week as ...

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Slump in power prices continues on warm, windy weather

Wednesday 20th February 2019

Both gas and power wholesale has continued to decline in the first part of February. This has mainly been driven by the short-term market. Temperatures have been significantly above average for the time of year, so domestic gas demand is down and storage levels are strong. There are also few gas supply issues, with abundant LNG deliveries and no notable ...

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Healthy supplies counter bullish effects of cold weather

Monday 4th February 2019

Wholesale prices have been in decline for the majority of the last fortnight. This is in spite of price pressures associated with the cold weather, with the UK experiencing the lowest temperatures of the season. In contrast to last winter, the cold spell has been accompanied by strong physical supplies – there have been few North Sea outages and LNG shipments ...

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