Latest Market Updates

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…

DAILY MARKET REPORT – 19/12/2024A bit of a yo-yo set of sessions so far this week with several up and down movements between days.Yesterday saw markets fall again after gains seen on Tuesday, but already this morning the market looks firm once again.Underlying fundamentals including some warmer weather, strong supply…

DAILY MARKET REPORT – 18/12/2024After a series of downward sessions, yesterday saw a reversal as the market moved back upwards.A mix of technical levels being hit and comments made around the Ukraine transit deal expiry left the market a little nervous.Several parties supporting Slovakia in a request a continuation of…

DAILY MARKET REPORT – 17/12/2024A further downward push to get the week started seen in yesterdays session.Warmer temperatures expected over the coming weeks, together with plenty of wind generation, will help alleviate the risk of rapid decline of EU gas stocks.Last night the Ukrainian Prime Minister stated Ukraine was ready…

DAILY MARKET REPORT – 16/12/2024A continuation of the soft direction was seen on Friday, pushing prices lower still after several weeks of generally bullish volatility.Warmer weather now expected for the remainder of December in the latest temperature forecasts, as EU gas stocks now at below 80%.This morning, eyes will be…