All the latest energy market insights and analysis from the expert team at Ignite Energy. We extract real meaning from data to help you keep track of the wholesale energy market and the changes that really matter. Energy market intelligence and data insights are core to Ignite’s innovative and proactive approach to energy management.
Our experts share the updates that matter in our global energy market feed.
Wind generation output is forecast to be low over the weekend and start next week below seasonal normal levels, providing some bullish pressure to prompt energy contracts. - 26/07/2024
A renewed outage at the US Freeport LNG facility, due to an electrical issue, is offering some bullish sentiment to UK gas futures on heightened concerns of the facilities reliability. - 26/07/2024
The 580MW Heysham 1-2 nuclear reactor returned to the power stack today following a period of maintenance since 7 July for refuelling. It's return should help to mitigate any upside to prompt contracts. - 26/07/2024
Total Norwegian piped exports to the UK are down 6mcm/d at 93mcm/d, which combined with the ongoing maintenance is applying some bullish pressure to near-curve and prompt gas contracts. - 26/07/2024
Brent crude held stable this morning but is on track for a third consecutive weekly decline resulting from dampened demand in China and expectations of a ceasefire in Gaza that could ease tensions in the region. - 26/07/2024
Wind generation output is forecast to drop off tomorrow and into the weekend, with output down to 2GW, providing some bullish sentiment to the day-ahead baseload contract. - 25/07/2024
The restart of the Torness 2 595MW nuclear reactor has now been pushed back to 2nd August. The late restart of the reactor is providing some bullish sentiment to the Aug-24 baseload contract. - 25/07/2024
Total Norwegian piped exports to the UK are up 4mcm/d at 101mcm/d, providing some bearish pressure to near-curve contracts, although this is mitigated by the extensive ongoing maintenance. - 25/07/2024
The latest long range weather forecast shows temperatures being above seasonal normal levels from 29th July onwards for the rest of the summer, providing some bearish pressure on near-curve gas prices. - 25/07/2024
Brent Crude prices have eased this morning as concerns over weak demand in China and expectations of a nearing ceasefire deal in the Middle East outweighed the bullish pressure from US inventory drawdowns. - 25/07/2024
Wind generation output is forecast to increase into tomorrow, providing some bearish pressure to day-ahead baseload contracts. - 24/07/2024
Total Norwegian piped exports to the UK are up 9mcm/d at 97mcm/d, though the ongoing maintenance will continue to limit any downside on day-ahead gas prices. - 24/07/2024
UK gas futures are moving to the upside in morning trading, recovering from some of the recent losses as Asian LNG prices edging slightly higher despite weak demand. - 24/07/2024
UK and EU Carbon benchmarks are continuing to see upside, supported by unseasonably low wind generation which is in turn supporting energy contracts across the curve. - 24/07/2024
Brent crude prices rebounded today following three straight days of decline as falling US crude inventories and growing supply risks from wildfires in Canada boosted prices. - 24/07/2024
Freeport LNG has resumed shipments on one of it's three trains, somewhat easing supply concerns, though the ongoing risk of the US hurricane season is limiting downside to the near-curve. - 23/07/2024
The 580MW Heysham 1-2 nuclear reactor's restart date has been extended by a further 2 days, continuing to put pressure on the UK power stack and offering support to prompt baseload prices. - 23/07/2024
Total Norwegian exports to the UK have edged up to 89mcm/d, though unplanned outages will continue to limit any downside on day-ahead gas prices. - 23/07/2024
High storage levels across the UK and Europe, coupled with low summer demand, is helping to mitigate low LNG imports and is offering some bearish sentiment to Winter-24 contracts. - 23/07/2024
The UK carbon benchmark is continuing to see upside, supported by unseasonably low wind generation and reduced UK nuclear capacity which is increasing gas-fired demand. - 23/07/2024
The UK has secured 1 Liquefied natural gas (LNG) cargo for Aug-24. This raises some concerns about the UK's ability to secure cargoes against the backdrop of the Freeport LNG outage. - 22//07/2024
The 615MW Heysham 2-8 nuclear reactor has gone offline for maintenance, reducing the UK's nuclear capacity to 72%, offering support to prompt contracts throughout Jul-24. - 22//07/2024
There are a number of unplanned outages affecting Norwegian facilities, reducing available flows to the UK and the Continent and limiting downside on day-ahead gas prices. - 22//07/2024
Wind generation is sat below seasonal level, pushing up UK carbon prices on increased demand for gas-for-power generation and providing bullish pressure to day-ahead baseload contracts. - 22//07/2024
The EU carbon benchmark has seen some downside amid healthy auction supply, lowering gas prices and the release of free allocations, providing bearish signals to energy prices. - 22//07/2024
The IEA forecasts that EU renewable power generation will surpass fossil fuel generation this year and next, offering bearish signals to 2025 and beyond on expectations of reduced gas-fired demand. - 19/07/2024
French nuclear generation is expected to remain high in the coming months, with minimal impact from potential heatwaves, limiting upside on near-curve baseload contracts on stable interconnector flows. - 19/07/2024
The 595MW Torness 2 nuclear reactor outage has been extended by a week, to 28th July, offering support to prompt contracts later in the month on reduced UK nuclear capacity. - 19/07/2024
Weather fundamentals are offering some bearish signals to prompt contracts, with temperatures dropping towards the seasonal norm and limiting power-for-cooling demand. - 19/07/2024
High storage levels in Japan are helping to mitigate LNG demand driven by heatwaves in the region, reducing competition for spot LNG cargoes and alleviating some bullish pressure from Freeports closure. - 19/07/2024
The 580MW Heysham 1-2 nuclear reactor restart date has been extended by four days, adding pressure to the UK power stack and limiting downside on day-ahead baseload prices. - 18/07/2024
Heatwaves across Eastern and Southern Europe are expected to cause constraints on power grids due to increased power-for-cooling demand, offering support to prompt contracts. - 18/07/2024
The UK gas system opened up 19mcm oversupplied this morning, with Norwegian flows to the UK edging up, limiting upside on day-ahead gas prices. - 18/07/2024
Freeport LNG is expected to restart one of it's trains this week, with the other two set to return shortly after, providing some bearish sentiment to near-curve contracts as supply concerns ease. - 18/07/2024
The UK carbon benchmark has seen some upside this morning, likely being supported by low wind generation and previous bullish sentiment stemming from gas markets. - 18/07/2024
The IEA forecast that gas demand in Europe will remain flat this year, which when coupled with high storage levels provides bearish pressure to near-curve and closer-dated seasonal gas contracts. - 17/07/2024
The global LNG market is expected to grow 3% (15bcm) year-on-year in 2024, coinciding with the end of the Russian transit deal, helping to limit upside on gas futures. - 17/07/2024
A slight rise in wind generation, alongside stable European interconnectors flows, is offering some downside to day-ahead baseload contracts. - 17/07/2024
Markets rose yesterday, and remain supported around those levels in morning trading, as concerns deepened surrounding the outage at the Freeport LNG facility which has an uncertain return date. - 17/07/2024
The Brent Crude benchmark is pointing down this morning, with economic data coming from China signalling weaker than expected demand; China is where the IEA and OPEC expected demand to grow. - 17/07/2024
Temperatures for the remainder of July are expected to sit largely around seasonal levels, dampening prospects of a heatwave and reducing power-for-cooling demand, limiting upside on prompt contracts. - 16/07/2024
A further decline of wind generation to only 2.7GW into tomorrow, alongside reduced UK nuclear capacity, is providing bullish pressure to the UK power stack and offering support to day-ahead baseload prices. - 16/07/2024
The EU carbon benchmark is trading sideways this morning after following a bearish trend last week, with the release of free permit allocations at a time of weaker demand likely to see more free allowances sold. - 16/07/2024
An outage at an Australian LNG facility, coupled with a phased restart of Freeport LNG, in the US is adding bullish pressure to near-curve gas contracts on tighter Continental and global LNG supply. - 16/07/2024
Norwegian flows to the UK have edged down slightly, with an outage at Visund extended and a new outage at Karsto until 20th July, providing bullish pressure to prompt gas contracts. - 16/07/2024
Wind generation output is sitting below seasonal levels throughout most of the week, pushing up UK carbon prices on increased demand for gas-fired generation and offering support to prompt contracts. - 15/07/2024
Stable Norwegian flows to the UK and Continent, alongside comfortable storage levels are providing bearish signals to near-curve gas contracts as fundamentals remain robust. - 15/07/2024
A Labour ban on new and processing North Sea gas and oil licences is creating uncertainty in the market and providing bullish pressure to gas futures. - 15/07/2024
Power curtailments and an ongoing heatwave is Eastern Europe have raised concerns over supply security in the region, limiting downside on near-curve baseload contracts amid tighter supply constraints. - 15/07/2024
The Brent Crude Benchmark is trading sideways this morning, with political uncertainty in the US and the Middle East offsetting weaker demand in China. - 15/07/2024
The Brent crude benchmark has inched up this morning amid signs of easing inflationary pressure in the US, who are the world’s largest oil consumer. - 12/07/2024
Europe’s benchmark gas price edged higher amid a technical correction yesterday, while in terms of fundamentals, the risk premium tied to supplies continues to fade, adding bullish sentiment to near-curve contracts. - 12/07/2024
Asia’s benchmark LNG price declined marginally over the past week to a near one-month low amid tepid demand and ample supply, reducing competition with Europe for cargoes. - 12/07/2024
French utility EDF has extended an outage at its Chooz (1.5GW) nuclear reactor by nine days and has shortened an outage at its Nogent 1 (1.3GW) nuclear reactor by two days. - 12/07/2024
Total Norwegian piped exports to the UK opened 8 mcm/d up this morning, adding bearish sentiment to day-ahead gas contracts. - 12/07/2024
Europe’s benchmark coal contract slumped to 10-week lows in Wednesday's trading as buyers remained aloof from the market, while gas continued to draw downward, adding bearish sentiment to near-curve contracts. - 11/07/2024
European gas prices traded a shade firmer early after hitting a seven-week low amid healthy supply in the previous session, adding bullish pressure to near-curve contracts - 11/07/2024
European interconnector to the UK flows remain stable, providing 6GW (17%) to the UK power stack, providing bearish pressure to day-ahead baseload contracts. - 11/07/2024
The Brent Crude benchmark rose as crude stocks fell after US refineries ramped up processing while gasoline investors eased, signalling stronger demand. - 11/07/2024
Wind generation has declined, and is expected to drop below seasonal levels over the coming days, limiting downside on day-ahead contracts. - 11/07/2024
Europe’s benchmark carbon contract has dropped to a one-week low amid weak demand and lower auction results, adding bearish sentiment to near-curve contracts - 10/07/2024
Brent Crude benchmark prices slid to a three-week low amid signs that the impact of Hurricane Beryl have dissipated as well as weak consumer demand in China - 10/07/2024
EDF has extended an unplanned outage at its French Nogent 1 (1,310 MW) nuclear reactor by five days. - 10/07/2024
Russian LNG imports to Europe in June rose to a six-month high amid challenges in shipping to Asia but exports are likely to decline in the following months, adding bullish sentiment to near-curve contracts. - 10/07/2024
Temperatures are expected to sit below seasonal normal levels this week, increasing gas demand for heating, adding bullish pressure to day-ahead gas prices. - 10/07/2024
US Freeport LNG has suspended operations ahead of the arrival of Hurricane Beryl until safe to reopen, adding bullish sentiment to near-curve contracts on supply concerns. - 09/07/2024
Europe’s benchmark carbon contract is pointing down this morning, after falling its most in three weeks in yesterday's trading, as the market reacted to France’s National Rally failing to gain a majority in the parliament. - 09/07/2024
The UK carbon benchmark is following a bearish trend this morning, despite the Labour victory which offered bullish signals, likely taking some direction from the strong downside to the equivalent EU contract. - 09/07/2024
LNG imports to Europe and Turkey are lower this week, with extreme heats in some Asian nations, particularly Japan, leading to high demand in the region despite falling demand in Southeast Asia. - 09/07/2024
Wind generation is expected to rise slightly into tomorrow, remaining above seasonal normal levels, providing bearish pressure to day-ahead contracts on decreased demand for gas-fired generation. - 09/07/2024
Heysham 1-2 (580 MW) has gone offline, providing bullish pressure to prompt contracts. Offsetting some of this upside has been the return of Hartlepool 1 (595 MW) over the weekend. - 08/07/2024
Temperatures are set to be above seasonal normal levels this week, reducing gas demand for heating, adding bearish pressure to day-ahead gas prices. - 08/07/2024
Norwegian export nominations, which are up 12mcm/d to 89 mcm/d from yesterday, are providing bearish pressure to day-ahead, as well as near-curve on positive sentiment for storage to be full by the end of Aug-24. - 08/07/2024
Brent Crude prices slid after rising for four weeks, with the prospect of a ceasefire deal easing geopolitical tensions in the Middle East, while investors assessed disruption to US energy supplies via Storm Bery. - 08/07/2024
Near-curve contracts may receive some bullish signals from US Hurricane season, with Hurricane Beryl leading to a temporary closure of Freeport and disrupting shipping in the Gulf of Mexico. - 08/07/2024
The 595MW Torness 2 and 580MW Heysham 1-2 nuclear reactors will go offline today and over the weekend, respectively, offering support to prompt contracts throughout Jul-24 as nuclear capacity falls to 82%. - 05/07/2024
Wind generation is set to plummet below seasonal levels over the weekend and into next week, increasing demand for gas fired generation and adding bullish pressure to day-ahead contracts. - 05/07/2024
Both the UK and EU carbon benchmark have seen upside this morning in response to a Labour victory in UK elections, indicating a tighter carbon market in the UK and more price alignment going forward. - 05/07/2024
Asian LNG demand is waning, dropping 6% as heatwaves subside, limiting upside on near-curve gas contracts on an improving LNG picture as competition for spot cargoes is reduced. - 05/07/2024
A technical rebound in the European gas market is providing some corresponding upside to near-curve UK gas, with imports from Norway likely to come at higher cost to compete with European participants. - 05/07/2024
A decline in wind generation into tomorrow and the delayed restart of 595MW Hartlepool 1 nuclear reactor is increasing demand for gas-fired generation, providing bullish pressure to prompt baseload contracts. - 04/07/2024
The UK gas system opened up 17mcm over supplied this morning on strong domestic production, limiting any potential upside seen from reduced Norwegian flows to the UK via Langeled and Vesterland. - 04/07/2024
Near-curve and seasonal contracts have begun to display some divergence in prices, with the risk premium eroding in the near term on signs of amply supply, whilst seasonals continue to keep risk priced in. - 04/07/2024
The onset of hurricane season in the US has bolstered concerns of threats to LNG supply over the coming months to the UK and Europe, offering support to near-curve gas contracts. - 04/07/2024
The market is poised to react to sentiment surrounding the victor of the UK's general election, with the likely Labour victory suggestive of greater uptake in renewable generation and tighter carbon markets - 04/07/2024
A sharp rise in wind generation output into tomorrow, which is set to provide 15GW to the UK power stack, and the return of Hartlepool 1 today, are offering strong bearish pressure to day-ahead baseload contracts. - 03/07/2024
Planned maintenance towards the end of this week and next weekend will see around 1.2GW of nuclear capacity offline until 21-Jul, offering bullish signals to prompt contracts through mid-July. - 03/07/2024
Norwegian flows to the UK have edged up this morning, with the UK gas system opening up 19mcm oversupplied, providing downside to day-ahead gas contracts. - 03/07/2024
The Benchmark for EU carbon is trading neutral-bullish this morning, with buying interest from hedge funds and asset managers continuing to support prices ahead of a likely Labour victory on 04-Jul. - 03/07/2024
Near-curve contracts are trading neutral-bearish on signs of improving supply from the US as the halt on new LNG is overturned. However, downside is likely to be limited by continued market risk. - 03/07/2024
The UK gas system has opened short this morning, with ongoing maintenance at Langeled, due to end on 07-Jul, and lower nominations at Vesterled limiting downside to prompt gas from strong wind. - 02/07/2024
The US pause on Liquified natural gas (LNG) permits has been halted, providing some bearish sentiment for W-24+ contracts as it opens up an alternative to Russian gas supplies coming through Ukraine. - 02/07/2024
Prompt UK baseload is pointing downwards this morning, with the return of the 595MW Hartlepool 1 nuclear reactor and rising wind generation into tomorrow providing bearish pressure. - 02/07/2024
The UK carbon benchmark is making gains in morning trading, with the expectation of stricter climate targets and alignment with the EU ETS from a Labour government continuing to offer support. - 02/07/2024
Near curve and closer-dated seasonal contracts are trading neutral-bullish, despite signs of improving fundamentals for gas, with Middle Eastern geopolitical risk and Russian concerns limiting downside. - 02/07/2024
Norwegian flows to the UK have edged down as there is ongoing maintenance at Langeled until the 7th July, adding bullish pressure to prompt contracts. - 01/07/2024
The benchmark EU carbon contract is pointing up this morning, with political instability in France providing some volatility to the EUA market. - 01/07/2024
European interconnector flows to the UK have rebounded, providing 19% (7GW) to the UK power stack, limiting upside on day-ahead baseload contracts. - 01/07/2024
Temperatures are sat below seasonal levels, increasing household heating demand adding bullish pressure to day-ahead gas and power. - 01/07/2024
A decline in US natural gas flows to seven US Liquified natural gas (LNG) facilities, could put pressure on available LNG cargoes coming from the US, offering bullish pressure to futures. - 01/07/2024
Wind generation is forecasted to plummet below seasonal levels, adding bullish pressure to day-ahead baseload contracts and pushing up UK carbon prices on increased demand for gas-fired generation. - 28/06/2024
At Ignite Energy, we access real-time energy market information so you can stay up to date with the trends. We track all tradable commodities including:
We also follow other relevant areas closely, including freight, macroeconomics, equities, and global politics to make sure we stay ahead of the curve.
Ignite’s experts carry out energy market analysis and collate the data in an easily digestible format for you. This data helps you understand what’s important in the financial and commodity markets.
Our data-lead insights combined with our proactive and innovative approach to energy management drive real change in large businesses. We provide your business with a competitive edge, helping you achieve your energy goals with an ROI-focussed approach and unrivalled levels of service. Our experts are available now to help you learn more.
