Summary of last months report: Overview: Across the board, January saw decreases between month start and end. However, there was volatility in month of January. Gas: During January, there was downward pressure in gas pricing, which bucks the expected seasonal trend. This was caused by milder weather than normal. Winter 2020 saw a reduction of c11%. [...]
Summary of last months report: Overview: November saw the majority of contracts decline in cost, with the exception of immediate start dates which saw increases as we head into winter. The day ahead price increased dramatically throughout the month as temperatures stayed below seasonal norms, accompanied by low levels of wind generation. [...]
November Report Summary of last months report: Overview: October saw the majority of contracts decline in cost, with the exception of a few near start dates which saw increases as we head into winter. This is caused by a mix of increased demand caused by colder weather battling very high levels of LNG shipments arriving. [...]
Summary of last months report: Overview:September saw a month of contrasts. The month started with continued declines across the market, but was sent into a surge mid-month with an announcement from EDF France that there may be the need to reduce output on safety grounds and a ruling by the European Court impacting Gazproms ability [...]
Summary of last months report: Overview: With periods of high wind and solar generation throughout May we have seen reductions in gas and electricity costs across the board. Gas: The severe spikes seen in April across all contract terms have dissipated in May with all markets dropping. As can be seen on the graph below, [...]
Important Information Update Since the start of the month we have seen quick and severe increases in contract costs that had not been foreseen. There are 3 main drivers (carbon costs, oil costs and gas cost) but the most prominent being the increase in gas costs. The below graph shows movement over the last 30 [...]
Summary of last months report: Overview: Throughout February, we have seen reductions in gas and electricity costs across the board with prices for summer 2019 being around the same levels as May 2018. The below graph's show the wholesale trends of contracts starting summer 2019. Gas: As can be seen from below, the gas wholesale [...]
Summary of last months report: Overview: Throughout January we have seen reductions in gas and electricity costs across the board with prices achieving a 6 month low on some contract periods. Below is an example of this, is the wholesale gas costs for contracts starting summer 2019. Key Points: With French [...]
Summary of last months report: Overview: As we saw in November the prices peaked in the middle of the month of December due to the impact of temperature but did then drop. December ended slightly lower than it started across all fuels however the in year movement shows that 2018 ended higher than it started. [...]
Summary of last months report: Overview: It was a mixed picture in November. The gas price dropped slightly (c3.5%) during the month. This was driven by larger than expected volumes of LNG shipments hitting the UK market, unseasonably high temperatures and good supply from the UK and Norwegian fields. Oil also saw drops during November, [...]
