Energy Insight 2020 – Week 4

Your regular snapshot of the wholesale energy markets.

Normal sentiment resumed last week as contracts across both the NBP natural gas and UK wholesale power market fell, despite an undersupplied system and rising carbon contracts throughout the week. However lower demand compared to usual, high renewable output and comfortably well stocked storage levels were sufficient to decrease the gas and electricity markets week on week. A continued high schedule of LNG tankers and milder forecasts from the second half of Week 4 ensured that markets extended their bearish streak, limited support from Brent crude oil and coal were also bearish influences over the activity during Week 3…read more

 

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Gas & Power Market 2020 - Week 4

 

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