After a volatile July 2019, driven by a number of factors, but mostly political events in the middle east, UK energy prices ended the month up 5-10%. Temperatures were generally above seasonal norm, though LNG deliveries were slightly reduced at...
Energy Broker: June 2019 Market
Whereas UK energy prices ended pretty much where they started June2018, during the month they were quite jumpy. Temperatures were generally well below season norm, though we did experience one very hot spell towards the end of the month. June...
Energy Broker: May 2019 Market
Prices were much less volatile this past month (May 2019) and generally trended back down again to the levels we experienced mid-March 2019. Rolling-annual forward curves also drifted down and structurally demonstrated more contango, though longer dated power still exhibited...
Energy Broker: April 2019 Market Report
Prices were much more volatile this past month (April 2019) with the recent bearish run coming to a halt. Whereas far forward prices (greater than 2 years forward) have not changed much month on month, rolling annual prices in the...
Energy Broker: March 2019 Market Report
March 2019 could not have been more different to March last year – no ‘Beast from the East’ for starters, in fact we experienced some quite balmy temperatures for the time of year, which were generally above seasonal normal, and...
Energy Broker: February 2019 Market Report
Prices dropped pretty much all along the curve during February 2019, with the forward curves for the rolling annual prices increasingly tending towards contango. Temperatures were generally above seasonal normal; some days were remarkably warm, with record high temperatures experienced...
Energy Broker: January 2019 Market Report
During January 2019, movements in the structure of the forward curves for the rolling annual prices indicate a shifting sentiment, with nearby prices dropping about 5%, whereas forward prices increased. Even though average temperatures during the month were about normal...
Energy Broker: December 2018 Market Report
Let me start by wishing a Happy New Year to all our readers. Like last month, UK’s energy prices peaked in the middle of the month driven by short term temperature effects but ended December slightly lower month on month...
Energy Broker: November 2018 Market Report
November 2018 was, as usual for this time of year, a reasonably volatile month for wholesale energy prices; peaking at 8-10% higher in the middle of the month, however, forward prices ended up pretty much where they started or even...
Energy Broker: October 2018 Market Report
Wholesale energy prices have dropped significantly during October 2018 - UK’s gas and electricity annual prices decreasing by just over 10%; crude oil prices also decreased about 10% too. However, spot UK energy markets were volatile, driven primarily by changing...