Market Insight

DAILY MARKET REPORT – 15/01/2025A 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 end of the…

DAILY MARKET REPORT – 14/01/2025Just 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 two-thirds full, which…

DAILY MARKET REPORT – 13/01/2025A 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 better outlook for the…

DAILY MARKET REPORT – 10/01/2025A 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.Temperatures are expected to…

DAILY MARKET REPORT – 09/01/2025A 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 times throughout the…

DAILY MARKET REPORT – 08/01/2025A 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 week on current…

DAILY MARKET REPORT – 07/01/2025A 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 saw the TTF…

DAILY MARKET REPORT – 06/01/2025Welcome along to 2025. After a couple of weeks break over the festive period we are now back with our daily report. The historical values are left from our last report on 20th December to show the impact over the last couple of weeks. It has been an interesting…

DAILY MARKET REPORT – 20/12/2024** Today will be our last market report of the year. We will return on 6th January 2025. We’d like to take this opportunity to wish our clients and wider readers of our daily report a Merry Christmas and Happy New Year and we look forward to returning…