Market Insight

DAILY MARKET REPORT – 10/07/2024 A continued downward movement seen in yesterdays session as prices pull back from recently seen highs. Temperature outlooks remain largely unchanged with cooler temperatures over the coming days before rising into next week for the remainder of July and into August. Storage levels get…

DAILY MARKET REPORT – 09/07/2024 A softer start to the week, as the front contracts dipped a bit more than the curve in yesterdays session. No real change to the outlook with temperatures expected to dip before rising again over the coming days. In the US, the energy industry…

DAILY MARKET REPORT – 08/07/2024 A flat end to the week as contracts stay close to where they were on the previous days session as the US celebrated Independence Day and the UK welcomed a new government last week. Temperatures are expected to dip later this week before returning…

DAILY MARKET REPORT – 04/07/2024 A downward movement seen in yesterdays session, although still moving in small measures in either direction and continues to hold around price levels enjoyed now for many weeks. Spot UK power prices, once again on a week day rather than a weekend, hitting lows…

DAILY MARKET REPORT – 03/07/2024 A fairly flat session seen yesterday, with a slight uptick on some contracts but nothing notable. Temperature forecasts maintain an unchanged outlook with cooler temperatures for the coming days before getting back to and holding above seasonal normal for the rest of the month…

DAILY MARKET REPORT – 02/07/2024 A softish start to the week as prices came off slightly in places. Cooler temperatures are expected this week, although expected to rise again into next week. EU gas storage levels remain strong, now over three-quarters full. Visund is still suffering around 50% of it’s…

DAILY MARKET REPORT – 01/07/2024 Welcome along to July. Fridays session was fairly flat in the end with not much movement seen across any of the contracts. Cooler weather is expected this week (being below seasonal normal) after seeing some high temperatures of late, although they are expected to…

DAILY MARKET REPORT – 28/06/2024 The market continues to hover in the window it has for many days now, moving either slightly up or down between sessions. As we reach the end of June, August becomes our front month on many contracts. Day ahead power prices are low today…

DAILY MARKET REPORT – 27/06/2024 An unwinding of the gains seen in the previous session as we seem to once again have found a bit of a holding pattern/range for the time being. The warmer weather is expected the drop this week, much closer to seasonal normal than we’ve…