History of Energy Prices Wednesday 05 September 2018

History of Energy Prices Wednesday 05 September 2018   Historic Factors   29 August 2018 – Strength in GBP went against the bulls on the NBP. Barnier’s comments on Brexit drove significant gains with the Chief Negotiator stating “We are prepared to offer a partnership with Britain such as has never been with any other…
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Small Business Energy Market Update Tuesday 4 September 2018

Small Business Energy Market Update Tuesday 4 September 2018   What has happened to Gas prices this week?   UK gas prices continue to climb week on week, showing weekly gains for the last 7 weeks in trading. The bullish momentum continues, with a number of different factors driving the market.   Carbon emissions continue…
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History of Energy Prices Wednesday 29 August 2018

History of Energy Prices Wednesday 29 August 2018   Historic Factors   24 August 2018 – Disruption set to continue in the North Sea after Unite and Total failed to come to an agreement over pay structure and working hours. Strikes are set for 17th September, first, 15th and 29th October.   17 August 2018…
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Daily Energy Market Report Wednesday 29th August 2018

Daily Energy Market Report Wednesday 29th August 2018   The UK system has opened slightly long this morning at around 3mcm. Demand is at 175mcm with seasonal normal 171mcm. LDZ demand has moved up around 5mcm day on day with temperatures turning cooler. We are exporting 41.7mcm to Europe along the IUK. Langeled is flowing…
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History of Energy Prices Wednesday 22 August 2018

History of Energy Prices Wednesday 22 August 2018   Historic Factors   17 August 2018 – Norwegian maintenance and continued strike action on platforms in the North Sea supported the front of the curve.   14 August 2018 – Carbon EUA futures hit 10 years highs, on the back of utility companies hedging there generation,…
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Daily Energy Market Report Monday 20th August 2018

Daily Energy Market Report Monday 20th August 2018   The UK opened 18.4mcm long this morning, with forecast demand at 167mcm, just 1mcm below seasonal normal. Forecast flows of 185mcm have not been met as of yet with live flows at just 161mcm. It was nominated that 27mcm would be withdrawn from storage to meet…
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Daily Energy Market Report Friday 17th August 2018

Daily Energy Market Report Friday 17th August 2018   The UK opened with a long system at 14mcm, continuing the trend all week in which the UK gas system has been long. The system remains balanced despite a drop in Norwegian flows due to maintenance that begins today. Total demand for today sits at 157mcm,…
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Small Business Energy Market Update Tuesday 14 August 2018

Small Business Energy Market Update Tuesday 14 August 2018   What has happened to Gas prices this week?   UK Gas prices continue to climb and have lifted week on week as fundamentals continue to apply support to the UK gas curve.   A volatile week in British parliament led to uncertainty and an increased…
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Daily Energy Market Report Monday 13th August 2018

Daily Energy Market Report Monday 13th August 2018   UK gas prices climbed on Monday across the curve as a number of fundamentals weighed in on the market. The UK opened up with a relatively balanced system on Monday morning with 2mcm long, since shortening to zero. The forecast demand for today remains above seasonal…
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