Power Power prices continue to follow the gas market closely, with the Russian/ Ukrainian situation deciding the fortunes of European energy markets. Meanwhile, Ofgem’s lifting of the energy in April is adding to the volatility. Week Starting Price (Year-Ahead): £190.19/MWh Week Ending Price (Year-Ahead): £185.57/MWh Gas Gas prices continue to record strong gains and reach […]
Power Power prices sky rocketed throughout the week, nearing new record highs and completely erasing the losses we saw during the the previous months. Rising gas and carbon markets were the main drivers, as potential sanctions on Russia dictate global markets. Week Starting Price (Year-Ahead): £123.35/MWh Week Ending Price (Year-Ahead): £161.57/MWh Gas A potential conflict […]
Power Power prices have eased down slightly towards the end of this week following almost a month of sky-rocketing. It is hard to say whether prices have hit a ceiling and the bullish streak has come to an end but the respite has been welcome. Week Starting Price (Year-Ahead): £121.55/MWh Week Ending Price (Year-Ahead): £111.52/MWh […]
Power The fire at the IFA Interconnector in Kent has had a significant impact on energy prices which soared throughout the week, hitting record highs. A number of suppliers are expected go bust as a result of this severe market volatility. Gas A fire at one of the UK’s most important interconnections, bringing in supply […]
Power Power prices continued to rocket higher throughout last week, reaching fresh, record highs. Markets continued to find support from rising carbon markets, while supply and storage fears for the winter period were also significant contributors. Week Starting Price (Year-Ahead): £107.99/MWh Week Ending Price (Year-Ahead): £113.68/MWh Gas Gas displayed the same trend as power, pushed […]
Power prices were largely dictated by the gas market as concerns regarding winter supply continue.
