Category: Energy Market Reports

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 slightly lower. The price volatility was driven by both global political and short-term fundamental issues, […]

UK Wholesale Electricity Prices - Pulse Business Energy

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 short term weather forecasts. Forward curves for rolling annual prices reduced its backwardation compared to […]

UK Wholesale Gas Prices - Pulse Business Energy

Energy Broker: September 2018 Market Report

Whereas oil prices have continued with their seemingly ever-increasing run up, UK’s gas and power had a much more volatile month. By mid-month UK gas had touched highs not seen since 2011 for annual contracts and UK power reached levels never seen before! However, by the end of the month prices reduced off these highs […]

UK Wholesale Electricity Prices - Pulse Business Energy

Energy Broker: August 2018 Market Report

During August 2018 UK energy prices increased relentlessly, they were up by 10%, with forward curves for rolling annual prices also increasing their backwardation further; structurally supporting the market strength. Notably, CO2 prices also increased significantly, demonstrating that gas demand, particularly for power generation, has been a primary influence on recent price moves. Oil prices […]

UK Wholesale Gas Prices - Pulse Business Energy

Energy Broker: July 2018 Market Report

During July 2018, UK energy prices mostly rolled up the backwardated annual forward curves, meaning prices generally increased slightly, by the end of July 2018. There were some exceptions, essentially nearby months for power were slightly more bullish than gas. Also, during the month, prices did show reasonable volatility, particularly during the first half of […]

UK Wholesale Electricity Prices - Pulse Business Energy

Energy Broker: June 2018 Market Report

Annual UK energy prices held their ground during June 2018, though did firm a few percents at the end of the month; slightly less than last month’s increase. Prices were driven by a combination or lower wind production, higher air-conditioning demand and weaker sterling. Forward prices increased also on further news that Groningen gas production […]

UK Wholesale Gas Prices - Pulse Business Energy

Energy Broker: May 2018 Market Report

Annual UK energy prices continued to firm in May2018 with both UK power and gas breaking recent highs, touching a 10% month on month increase before falling back partially, nevertheless ending the month 5% up over all; albeit slightly less than last month’s increase. Prices were driven by a combination or higher oil, coal and […]

Energy Broker: April 2018 Market Report

Energy prices were volatile throughout April 2018 and maintained their bullish trend, with only brief respites. UK’s wholesale power prices increased by 6-8% and UK gas prices moved up nearer 10%. Oil prices moved up even more providing general underlying support to the sentiment. Backwardation in the forward curve for rolling annual prices increased further, […]

2018 Energy Market Analysis: Brexit and Challenges ahead

Several factors are influencing the 2018 energy market, demanding UK brokers to put-forward new strategies and practices. Expertise in the area will be a key element to guarantee savings on contract renewals.   This article was originally featured in The Energyst March’s Edition: The Energyst – March 2018 For many years prior to summer 2016, […]