Energy Insight 2019 – Week 52

Your regular snapshot of the wholesale energy markets.

Contracts across the UK wholesale power and NBP natural gas markets gained considerable value last week, as undersupply and rising geopolitical tensions came together to influence gains across the whole curve. The prompt was influenced by shortness in the system, which was largely driven by adverse outside LNG terminals in the UK, which did not allow any volumes to be offloaded into the system, which meant that UK storage sites were called upon. By the end of the week, the anticipation of less blustery weather shaved some value off the prompt, which will allow LNG shipment to be delivered properly from today…read more

 

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Gas & Power Market 2019 - Week 52

 

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