Energy Insight 2019 – Week 46

Your regular snapshot of the wholesale energy markets.

Prompt prices continued to surge last week as the Day-ahead gas price was lifted to a seven-month high, with the contract increasing by 65.4% week-on-week, whilst the constituent power contract rose by 35.6%. This bullish sentiment took grip of the market due to colder than average weather and lower than usual wind generation which influenced an increase in gas for power demand. However, the remainder of the curve fell week-on-week as continually strong medium range storage levels and high LNG send-out along with weakness in the wider energy complex took control of movements…read more

 

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Gas & Power Market 2019 - Week 46

 

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