Market Insight

DAILY MARKET REPORT – 17/01/2025 A small downward movement seen in yesterdays session as the market continues to slowly recover from Mondays bullish run. No real change in overall outlook as we await the inauguration of President Trump into office on Monday where it is expected he will maintain…

DAILY MARKET REPORT – 16/01/2025 A fairly flat session yesterday with only small movements seen in most contracts. It is worth pointing out however that the US Henry Hub month ahead contract has been creeping upwards for several months and is now about $4. The last time we saw it…

DAILY MARKET REPORT – 15/01/2025 A small downward movement seen in yesterdays session, but not enough to unwind the surge seen on Monday. With continued discussion around whether or not Ukraine will be asked, or persuaded, to permit Russian gas flows to assist certain countries largely impacted by the…

DAILY MARKET REPORT – 14/01/2025 Just a couple of weeks into January and we’ve already had plenty of market activity – including some incredible spot power prices – but also yesterday saw a dramatic increase in prices along the near-term curve also. EU gas storage levels are sitting around…

DAILY MARKET REPORT – 13/01/2025 A flat end to a session which showed some bearish sentiment initially on Friday. Temperatures are now expected to return close to seasonal normal this week after a cold spell. Prices continue upwards this morning, continuing the trend seen late on Friday, despite the…

DAILY MARKET REPORT – 10/01/2025 A further small downward movement seen along the curve in yesterdays session once again. In the near term however, UK day ahead prices cleared at very high prices as expected. A tight market was forecast again as temperatures stay low and wind generation remains low.

DAILY MARKET REPORT – 09/01/2025 A bearish session seen yesterday across the curve, however much of the focus was on how tight the UK electricity system was. Several notices were issued by National Grid ESO in an attempt to balance the system, and cashout prices hit £2,900 several…

DAILY MARKET REPORT – 08/01/2025 A flat session by the end of the day after a bearish start seen yesterday. Lower wind generation expected for much of this week has pushed spot power prices upwards once again whilst being squeezed with lower temperatures. Both are expected to subside into next…

DAILY MARKET REPORT – 07/01/2025 A correction was seen in price levels yesterday as the first ‘full’ day back for the majority of people after the festive break , with markets are now getting used to the new realisation of supply structure, long expected to be the case. Yesterday…