Regular energy market updates brought to you by Ignite Energy. All the latest insights and analysis from our expert team – we extract meaning from the data so you can keep track of the changes that matter in the wholesale energy market. 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.
The UK natural gas prices opened soft despite unscheduled maintenance and Rig Aasta Hansteen is experiencing processing problems. A tanker is docking this morning with another on route from Qatar tomorrow. - 07/08/2020
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Power fundamentals are weak as gas fired generation dominates the power stack at 57%. Wind generation is contributing to 8% and solar 5%. We continue to see strong exports to the continent through the French interconnector. - 07/08/2020
Brent oil opened this morning relatively flat - 07/08/2020
Carbon prices have seen a drop of 1.5% - 07/08/2020
The pound is trading at €1.108 against the euro this morning - 07/08/2020
Despite seemingly firmer prompt gas prices - 04/08/2020
Liquidity has dropped today - 04/08/2020
Brent Crude Oil prices lost almost 1% this morning and is trading around 44.15$/BBL. Tomorrow EIA is going to publish stocks position in the US - 04/08/2020
Carbon EUA permits rose today by 0.3%. An increase is very marginal - 04/08/2020
Pound Sterling starts the new week against the Euro in the wake of Key Jobs and PMI Data release - 04/08/2020
UK natural gas system has been undersupplied due to reduced Langeled flows - 03/08/2020
Healthy wind generation - 03/08/2020
Brent has fallen by more than $1/bbl during the day currently trading at $42.09/bbl. - 03/08/2020
Carbon has decreased by nearly €1/tCO2e down to €25.24/tCO2e. These factors are reducing prices further out on the curve - 03/08/2020
Pound Sterling Looks to Extend Recent Strength against Euro and Dollar - 03/08/2020
UK natural gas prices open firm this morning. A potential heatwave conditions in parts of Europe we could see some pressure on prices. LNG send out has dropped off this morning but are supported by Norwegian flows. - 31/07/2020
Power fundamentals are stronger this morning as wind generation is contributing 26% Solar is at 9% and is expected to increase throughout the day. Gas fired generation is supressed to 32% of the power mix. - 31/07/2020
Bren oil is trading at $43.32/bbl - 31/07/2020
Carbon prices opened 2.5% higher than yesterdays close - 31/07/2020
The pound is trading at €1.107 against the euro - 31/07/2020
UK natural gas prices open firm with gas supplies are comfortable today - 30/07/2020
Power fundamentals are weak once again as gas generation holds 50% of the UK's power mix. Wind is only contributing 10% We are entering a period of high temperatures and lower wind - 30/07/2020
Brent oil is trading at $43.35/bbl a downside of 1% as upside from yesterday’s EIA data which showed a 10.6m barrel draw against an expected 1m barrel build. - 30/07/2020
Carbon prices have dropped 1.3% this morning - 30/07/2020
The pound is trading at €1.104 against the euro after a couple of stronger days for the pound economic forecasts are less optimistic again citing ongoing UK-EU negotiations. - 30/07/2020
UK natural gas prices open firm as the restrictions at SEGAL continue into a third day with a reduction to import flows. Temperatures set to increase as of tomorrow rising above seasonal normal. - 29/07/2020
Power fundamentals are weaken this morning as wind generation supplies 21% to the UK. Gas fired generation dominates at 43% Nuclear is back to 51Gw having tailed off towards the end of yesterday. - 29/07/2020
Oil is trading at $43.63/bbl an upside of 1% since yesterday's close. It is looking like July will be the 4th month n a row showing an overall rise in oil prices. - 29/07/2020
Carbon trades flat this morning at €25.75/tCO2 - 29/07/2020
The pound is trading at €1.102 against the euro - 29/07/2020
UK natural gas prices open firm as temperatures are around seasonal normal today but are expected to fall below from tomorrow despite the unplanned outage at Kårstø this morning. Tankers expected on the weekend have yet to dock. - 27/07/2020
Power fundamentals are strong as wind generation is at 26% with the stormy conditions today supressing gas fired to 33% There are over 3GW flowing to the UK from Europe this morning - 27/07/2020
Brent oil is trading at 43.05/bbl this morning - 27/07/2020
Carbon has dropped 2.2^% since Friday's close - 27/07/2020
The pound is trading at €1.097 against the euro as the weakness against the Euro continues as the lack of progressing in Brexit deal negotiations. - 27/07/2020
UK natural gas prices open firm this morning. We are expecting to receive two LNG cargoes today. Forecast demand is below seasonal normal for the first time this week as temperatures rise above seasonal average. - 24/07/2020
Power fundamentals are weak this morning as gas fired generation dominates the power stack at 53% as Wind is only contributing 2% and solar 7%. Power exports to France seem to have stopped. - 24/07/2020
Brent oil has seen an upside 0.6% this morning - 24/07/2020
Carbon prices have dropped by 3.8% since yesterdays close - 24/07/2020
The pound is trading at €1.097 against the euro - 24/07/2020
UK natural gas prices have opened firm this morning as demand falls to be more in line with seasonal normal demand. Temperature forecasts have been revised warmer for the next two weeks. 3 LNG cargoes to be delivered this week - 23/07/2020
Power fundamentals remain weakened with wind and solar only contributing 11% and 6%. Gas generation forces to support at 51%. France continues to import power from the UK via the French interconnector at maximum capacity. - 23/07/2020
Brent oil has risen by 0.3% this morning - 23/07/2020
Carbon prices opened 0.1% lower than yesterdays close - 23/07/2020
The pound is trading at €1.098 against the euro - 23/07/2020
UK natural gas prices open firm as temperatures are milder and more in line with seasonal average but expected to dip next week We also have South Hook LNG terminal sending out exporting high volumes. - 22/07/2020
Power fundamentals remain weak with gas turbines holding the mix at 49% Wind and solar are slightly up at 9% and 6% Biomass continues to contribute 10% but we continue to export 2GW to France. - 22/07/2020
Brent oil is trading at $44.00/bbl - 22/07/2020
Carbon prices have fallen by 1% this morning - 22/07/2020
The pound is trading at €1.100 against the euro because the Government have a low expectation of a trade deal being agreed with the EU. - 22/07/2020
UK natural gas prices open on the back foot. Natural gas demand is above seasonal normal due to cooler temperatures and low wind generation this week. Norwegian import flows have reduced compared to yesterday - 21/07/2020
Power fundamentals are weak this morning with gas fired generation holding at 53%. Wind and solar are contributing 4% and 8%. Biomass is outperforming wind generation this week. We are also exporting 2GW of power to France - 21/07/2020
Brent oil is trading at $43.58/bbl an upside of 0.7% since yesterdays close. Prices were propped up by positive news on vaccine trials for covid-19 being successful. - 21/07/2020
Carbon prices have risen by 2.4% this morning - 21/07/2020
The pound has gained strength this morning - 21/07/2020
UK natural gas prices have opened on the backfoot this morning as import flows has increased and we are expecting 3 LNG tankers to dock UK shores this week. Ongoing maintenance on the Nordstream pipeline that is scheduled to end Sunday. - 20/07/2020
Power fundamentals are weak as gas turbines dominate the stack at 50% as wind is low at 7% and is expect to remain low all day. Power imports from Europe are very low. We are only importing 0.2GW via the French and Dutch interconnector - 20/07/2020
Brent oil is trading at $42.72/bbl a downside of near 1% this morning as US production remains relatively high in spite of the decrease in oil rig count. - 20/07/2020
Carbon prices has seen a drop of 2.7% since Fridays close - 20/07/2020
The pound has dropped below the €1.10 mark and is currently trading at €1.097 against the euro as the Euro made gains after EU leaders made progress in their plan to boost the economy of their members. - 20/07/2020
UK natural gas prices open firm this morning as we see strong import and LNG flows. On the demand side - 16/07/2020
Power fundamentals are weak this morning as gas fired turbines dominate at 56% thus supressing Wind and solar to 11% and 4%. The UK continues to export power to the continent through the French interconnector - 16/07/2020
Brent oil has dropped by 0.5% this morning - 16/07/2020
Carbon prices have seen further upside of 1% this morning - 16/07/2020
The pound is trading at €1.10 against the euro with the currency continuing to be dogged by a rising number of coronavirus cases and continued Brexit speculation. - 16/07/2020
UK natural gas prices open firm despite the increase in demand for gas fired generation the UK gas system remains in a balanced position. Temperatures are set to dip below the seasonal normal. - 15/07/2020
Power fundamentals are weak this morning as gas fired generation holds the stack at 60% Wind and solar generation are down at 6% and 5% The UK continues to be in net export mode through the French interconnector. - 15/07/2020
Oil prices are trading at $43.38/bbl this morning - 15/07/2020
Carbon prices have risen by 2.5% this morning - 15/07/2020
- 15/07/2020
After a strong start to the day - 14/07/2020
Despite comfortable fundamentals - 14/07/2020
Oil markets have traded sideways for much of the day with Brent edging back lower to $42.73/bbl - 14/07/2020
Trading in Carbon Market remains quite limited - 14/07/2020
The Pound is trading lower to Euro this morning - 14/07/2020
UK natural gas prices moved higher on a weekly basis amid maintenance on a Russian pipeline while poor renewables generation increased reliance on gas fired generation. - 13/07/2020
Power prices maintained gains throughout the week before a drop on Thursday. Carbon reached as high as €30/tCO2e amid no fundamentals while injections from interconnectors kept comfortable. - 13/07/2020
Oil prices had a volatile week - 13/07/2020
Carbon Prices are trading at highest level in history - 13/07/2020
Sterling has been able to recover strongly recently on the back of a more positive economic outlook - 13/07/2020
UK natural gas prices open on the back foot. The outage at Oseberg has now been resolved. Temperatures are set to increase further over the weekend. - 10/07/2020
Power fundamentals are firmer that the start of the week as wind generation holds 15% of the stack this morning. Solar is at 10% and will rise throughout the day thus supressing gas fired generation which is currently at 45% of the mix. - 10/07/2020
Brent oil is trading at $41.75/bbl a downside of 1.5% this morning - 10/07/2020
Carbon prices have seen a drop of 1% this morning - 10/07/2020
The pound continues to trade at €1.116 against the euro - 10/07/2020
UK natural gas prices open on the back foot as there is an unplanned outage at Oseberg which is expected to be resolved by tomorrow. There are only 4 LNG tankers expected to arrive in the UK over the next two weeks. - 08/07/2020
Power fundamentals are weak this morning as gas fired generation holds the stack at 63% Wind is expected to remain low through the week. We are currently exporting just under 2GW through the interconnectors. - 08/07/2020
Oil is trading at $43.09/bbl. No real movement since yesterday close. The American Petroleum Institute have estimated a Crude oil inventory increase of over 2 million barrels last week; official data is due this afternoon. - 08/07/2020
Carbon prices have dropped 2% this morning and trading at €28.80/tCO2 - 08/07/2020
The pound is trading at €1.111 against the euro. All eyes are on the Chancellor’s spending announcement at lunch time today. - 08/07/2020
UK natural gas prices open firm as demand has increased to above seasonal normal - 07/07/2020
Power fundamentals are weak this morning as win is down to 7% of the UK mix resulting in gas fired generation forcing to support at 53%. We are also exporting over 2GW through the interconnectors. - 07/07/2020
Oil is trading at $42.73/bll a downside of 1% since yesterdays close as Saudi Arabia have raised their official selling price (OSP) for the third consecutive month which implies recovering demand. - 07/07/2020
Carbon prices fall by 0.7% this morning - 07/07/2020
The pound is trading at €1.106 against the euro. Another round of Brexit talks this week could provide some volatility towards the end of the month. - 07/07/2020
UK natural gas prices open firm with the system being well supplied this morning. LNG send out has increased due to a LNG tanker arrived over the weekend - 06/07/2020
Power fundamentals are firm this morning with wind generation holding the mix at 40% providing the UK's renewables mix 55% Gas fired generation is suppressed to 20%. Wind is however expected to reduce through the day. - 06/07/2020
Oil is trading at $43.56/bbl an upside of 1.7% since Fridays close. Shipments continue to be blocked in Libya - 06/07/2020
Carbon prices has risen 3.8% this morning - 06/07/2020
The pound is trading at €1.106 against the euro - 06/07/2020
UK natural gas prices open firm with the main drive is the drop in CCGT demand due to the higher renewable output. LNG send out is also lower - 03/07/2020
Power fundamentals are slightly weaken as gas fired generation remain in charge at 38%. Wind generation has picked up to 25% which supported the total renewables pot at 40% The latest weather runs are looking cooler for July. - 03/07/2020
Oil prices are trading at $42.69/bbl this morning - 03/07/2020
Carbon prices have dropped by 1.6% this morning - 03/07/2020
The pound is trading at €1.109 against the euro - 03/07/2020
UK natural gas prices open firm this morning as there are five LNG tankers due to arrive in the UK over the next couple of weeks. The overall gas system is well supplied today as import flows have increased. - 02/07/2020
Power fundamental remain weak as gas fired generation dominates the stack at 59% Wind and solar are suppressed at 8% and 4%. Biomass remains to contribute 10%. We are exporting over 3GW through the interconnectors. - 02/07/2020
Oil is trading at $42.46/bbl an upside of 0.5% following a larger than expected stock draw of 7.2 million barrels reported yesterday. Gains were limited due to the resurgence of Covid-19 cases in the US. - 02/07/2020
Carbon prices have dropped 1.3% this morning - 02/07/2020
The pound is trading at €1.108 against the euro - 02/07/2020
UK natural gas prices open front the front foot this morning as the lower demand being directed by the heightened renewables for this week. The forecast demand remains below averages. - 01/07/2020
Power fundamentals are weak this morning as gas fired generation is holding the stack at 55%. Wind and solar generation are down at 11% and 9% The interconnectors are currently exporting. - 01/07/2020
Oil has seen a positive upturn this morning of 2.3%m trading at $42.25/bbl - 01/07/2020
Carbon is trading at €26.84/tCO2 a downwards drop of 0.5% this morning. Carbon saw a move to the upside yesterday - 01/07/2020
The pound pushes higher this morning - 01/07/2020
The UK natural gas market opens firm as cooler temperatures have pushed UK gas demand to 14% above seasonal normal today. Norwegian flows have increased to cover the rise in demand. - 30/06/2020
Power fundamentals open weakened this morning as wind generation dips to 23% thus meaning gas generation supporting the mix at 40% Wind will pick up throughout the day. Biomass contributes 10% of the UK mix. - 30/06/2020
Oil is trading at $41.50/bbl - 30/06/2020
Carbon has seen a drop of 0.8% this morning - 30/06/2020
The pound is trading at €1.093 against the euro after the announcement from Boris Johnson that he plans to rebuild and plans to accelerate £5bn of infrastructure projects. - 30/06/2020
UK natural gas prices open firm this morning as the UK experiences low demand figures along with the heightened renewable output. LNG send out remains low with a few cargoes scheduled for early next month. - 29/06/2020
Power fundamentals see a strong start to the week with wind generation holding the power stack at 35% and forecasted to remain high for this week resulting in suppressed gas fired generation of 27%. Solar is contributing 6%. - 29/06/2020
Oil is down 2.2% since Fridays close - 29/06/2020
Carbon prices have seen a positive upside this morning of 0.5% - 29/06/2020
The pound continues to lose ground - 29/06/2020
UK natural gas prices open flat this morning as there is little change to the gas system which remains well supplied. Temperatures are set to remain above seasonal average for the weekend ahead. - 26/06/2020
Power fundamentals are weak this morning with gas fired generation dominating at 54%. Wind and solar are contributing 10% and 7%.Wind generation is expected to pick up to 11.5GW on Sunday - 26/06/2020
Oil is trading at $41.54/bbl an upside of of 1.7% this morning as we see higher demand figures in Asia and the US. - 26/06/2020
Carbon has seen a positive upside this morning of 0.6% - 26/06/2020
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The pound continues to trade at €1.105 against the euro - 26/06/2020
UK natural gas prices slightly down this morning as the overall gas systems opens slightly over supplied. All outages in the North Sea have been resolved. Light thunderstorms expected for this weekend - 25/06/2020
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Power fundamentals are weak this morning as gas fired demand dominates at 51% of the power stack. Wind and solar are neck and neck at 10%. Wind generation is still expected to be low and temperatures above seasonal averages. - 25/06/2020
Oil is trading at $40.01/bbl this morning - 25/06/2020
Carbon has dropped by 1.6% - 25/06/2020
The pound is trading at €1.106 against the euro - 25/06/2020
UK natural gas prices open on the front foot this morning as there is some planned maintenance to Norwegian terminals. There has been a slight in increase in LNG send out today - 24/06/2020
Power fundamentals are weak this morning with gas fired generation dominating at 53% Wind and solar generation are contributing 12% and 9% Temperatures are set to be hot over the next 5 days for much of North West Europe. - 24/06/2020
Oil is trading at $42.59/bbl a drop of only 0.1% this morning. EIA data later today is suggesting a build or around 1.2M barrels. Russian export duties on oil are set to increase form next week. - 24/06/2020
Carbon prices have dropped by1.3% this morning - 24/06/2020
The pound is trading at €1.105 against the euro. - 24/06/2020
UK natural gas prices open firm this morning with weather for the week continues to warm - 23/06/2020
Power fundamentals are slightly weakened this morning with gas fired generation holding strong at 47% - 23/06/2020
Oil has seen an upside of 0.6% this morning - 23/06/2020
Carbon is trading at €24.98/tCO2 a upside of 1.7% since yesterdays. - 23/06/2020
The pound is trading at €1.105 against the euro. - 23/06/2020
UK natural gas prices open on the front foot with three LNG tankers expected for the remainder of June into July - 22/06/2020
Power fundamentals are firm this morning with wind contributing 22% - 22/06/2020
Oil is trading at $42.32/bbl this morning - 22/06/2020
Carbon prices have dropped 0.5% since Fridays close - 22/06/2020
The pound is trading at €1.108 against the euro - 22/06/2020
UK natural gas prices open on the back foot this morning. A Qatari tanker arrived this morning into South Hook leaving 3 more expected by the end of the month. UK gas demand has dropped off today as wind is starting to pick up. - 19/06/2020
Power fundamentals remain weakened with gas fired generation holding firm at 45% of the total UK mix. Increased wind and higher nuclear contributions does bring us below 50% Biomass is providing 8%. - 19/06/2020
Oil is trading at $42.41/bbl an upside of 2.2% this morning after news that both the US and China have reported a big rise in Coronavirus cases. - 19/06/2020
Carbon opens flat to yesterdays close - 19/06/2020
The pound continues to fall in value - 19/06/2020
UK natural gas prices open firm this morning with the system being well supplied today. Flows are relatively unchanged however there are now only five LNG tankers due into the UK over the next two weeks. - 18/06/2020
Power fundamentals start today weakened once again as gas fired generation dominated at 61% Wind is contributing 9% and is expected to pick up tomorrow. The UK continues to export around 2GW to the continent. - 18/06/2020
Oil is trading at $40.70/bbl. 0.1% lower than yesterdays close. US Crude oil inventory data released yesterday showed a surprise build of 1.2 million barrels - 18/06/2020
Carbon has opened 1% higher this morning - 18/06/2020
The pound continues to trade at €1.113 against the euro. - 18/06/2020
UK natural gas prices open firm today as Following the end of the unplanned outage at the Troll gas field flows through the Langeled pipeline have increased. There is however a new tanker expected to arrive in the UK over the next two weeks - 16/06/2020
Power fundamentals are weakened this morning with gas fired generation holding strong at 65% of the UK power mix. Wind is contributing nothing. The UK is also exporting a total of around 2GW through the Dutch and French interconnectors. - 16/06/2020
Oil slowly gains strength to $39.85/bbl an increase of 0.4% despite concerns over a second wave of Covid-19. Beijing are reporting an “extremely severe” situation. - 16/06/2020
Carbon is trading at €22.67/tCO2. An upside of 2.21% since yesterdays close. - 16/06/2020
The pound remains to trade at €1.114 against the euro. There was an increase of 529 - 16/06/2020
UK natural gas prices open on the front foot this morning. Three LNG tankers arrived in the UK at the weekend - 15/06/2020
Power fundamentals are weak this morning with gas fired generation pegged at 57%. Solar is contributing 8% and wind generation is contribution nothing. The UK is currently importing around 3GW through the interconnectors. - 15/06/2020
Oil has dropped 2.8% this morning - 15/06/2020
Carbon is trading at €21.71/tCO2 - 15/06/2020
The pound is trading at €1.113 against the euro. It is looking increasing likely that there will be a no deal Brexit. - 15/06/2020
UK natural gas prices open on the front foot this morning as LNG send out from South Hook making up 26% of gas demand. Outage at Troll gas field continues however this hasn’t had a significant impact on supply. - 12/06/2020
Power fundamentals are firm this morning with wind generation holding at 30% Gas fired generations soon follows at 27% We are currently importing 3.7GW of power from Europe - 12/06/2020
Oil is trading at $37.94/bbl a downside of 1.4% since yesterdays close. There’s new concerns that have risen up over demand being impacted due to new cases of coronavirus are going up globally. - 12/06/2020
Carbon prices have dropped 1% this morning - 12/06/2020
The pound is trading at €1.114 against the euro - 12/06/2020
UK natural gas prices open on the front foot this morning as demand remains above averages - 10/06/2020
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Power fundamentals remain weak this morning with gas fired generation taking the stance at 56% Wind and solar are neck and neck at 5% The French interconnector is importing close to capacity. - 10/06/2020
Oil prices trade at $40.51/bbl this morning. A drop of 1.7% there is an anticipated draw in US inventory data later today. - 10/06/2020
Carbon prices have seen a drop in price of 0.5% since yesterdays close. Trading at €22.40/tCO2 - 10/06/2020
The pound is trading at €1.123 against the euro - 10/06/2020
UK natural gas prices open on the front foot with an unplanned outage at the Troll gas field that was expected to end today has again been pushed back to the 15th. There are nine tankers expected to dock in the UK over the next two weeks. - 09/06/2020
Power fundamentals are weak this morning with gas fired generation dominating the stack at 57% Solar is supressed to 10% and wind even further to 1%. Europe is now expected to have a wetter June than previously forecast. - 09/06/2020
Oil is trading at $40.48/bbl a drop of 0.8% this morning. There are concerns over whether OPEC members will be compliant with the agreed production cuts. - 09/06/2020
Carbon has dropped 70% this morning - 09/06/2020
The pound is trading at €1.124 against the euro - 09/06/2020
UK natural gas prices have opened on the front foot with 9 LNG tankers due to arrive in the UK over the next two weeks and however unplanned outage at the Troll gas field was originally expected to be rectified last Friday - 08/06/2020
Power fundamentals are weak this morning with gas fired generation pegged at 50% of the power mix. Wind and solar are down at 14% and 7%. The UK has been exporting up to 1GW through the Dutch interconnector this morning. - 08/06/2020
Oil is trading at $42.96/bbl an upside of 1.5% since Fridays close. OPEC+ have agreed to a one-month extension of the 9.7 million barrels per day production cuts. - 08/06/2020
Carbon has lost ground this morning by 1.7% - 08/06/2020
The pound is trading at €1.123 against the euro - 08/06/2020
UK natural gas price open on the back foot this morning with the higher wind today taking the pressure of industrial gas fired power demand higher wind brings more confidence in warmer weather for the UK weighing on prices. - 05/06/2020
Power fundamentals are strong this morning with wind generation taking the lead at 35% The total renewables mix for the UK is pegged at 57 resulting is gas fired generation being supressed to 16%. - 05/06/2020
Oil has breach the $40/bbl mark as we saw an upside of 1.7%. Trading at $40.69/bbl An OPEC meeting next week is expected to see production cuts back on the agenda - 05/06/2020
Carbon opens this morning relatively flat - 05/06/2020
The pound continues to lose ground - 05/06/2020
UK natural gas prices open relatively flat this morning. There are 8 potential tankers due to arrive over the next two weeks. There has been an unplanned outage at Troll however this is due to be rectified by tomorrow. - 04/06/2020
Uk power fundamentals are weak this morning however wind generation is stronger this morning at 5.8GW and is expected to reach over 10GW tomorrow. Gas fired generation is at 34% supressing solar to 6% - 04/06/2020
Oil is trading at $39.14/bbl a drop of nearly 2% since yesterday close. It looks like OPEC+ will extend cuts at their meeting next week. - 04/06/2020
Carbon loses ground this morning by 1%. Trading at €21.87/tCO2 - 04/06/2020
The pound drops further to €1.119 against the euro. - 04/06/2020
UK natural gas prices open on the front foot this morning as cooler temperatures are in the making before becoming cooler towards the weekend. - 03/06/2020
Power fundamentals are firm this morning with wind creeping up to 25% however gas fired generation remains in the lead with 34% Cooler and cloudier weather has supressed solar generation to 4% - 03/06/2020
Oil is trading at $39.98/bbl an upside of 1% this morning. There is also indications that Russia - 03/06/2020
Carbon has seen a slight drop in price compared to yesterday’s close. currently trading at €22.04/tCO2 - 03/06/2020
The pound continues to trade at €1.122 against the euro - 03/06/2020
UK natural gas prices open on the front foot this morning as warm temperature remain today before cooler - 02/06/2020
Power fundamentals are weak this morning as gas fired generation dominates at 44%. Wind generation remains low today at 0.6GW however is expected to increase through tomorrow to almost 8GW. - 02/06/2020
Oil has gained 1.2% this morning - 02/06/2020
Carbon is trading at €21.18/tCO2. An upside of 1% this morning. - 02/06/2020
The pound has gained some strength this morning - 02/06/2020
UK natural gas prices have opened on the back foot this morning temperatures remain warm into the weekend where we expect to see a dip towards and possibly below seasonal normal levels. - 01/06/2020
Power fundamentals are weak this morning as gas fired generation dominates at 36%. Wind and solar are low at 7 %and 14% There is additional support for the stack from the interconnectors – all five currently importing. - 01/06/2020
Oil is trading at $37.71/bbl continuing its general bullish trend. The US having maintained there agreements for phase one of the US China deal has given some confidence to the market - 01/06/2020
Carbon has gained 0.8% this morning. Trading at €21.55/tCO2 - 01/06/2020
The pound is trading at €1.114 against the euro - 01/06/2020
UK natural gas prices open on the front foot this morning. Temperatures remain mild for the UK over the coming week. We see low river levels and higher demand for cooling systems supporting market prices – one to watch out for. - 28/05/2020
Power fundamentals strong this morning with gas fired generation and nuclear neck and neck. Biomass is contributing 13% and wind generation is 12%. - 28/05/2020
Oil prices have dropped 2.7% this morning - 28/05/2020
Carbon is trading at €21.50/tCO2 a upside of 1% this morning. - 28/05/2020
The pound is currently trading at €1.106 against the euro. - 28/05/2020
UK natural gas prices tumbled this morning - 27/05/2020
While Electricity Month ahead has lost 2% further out the curve prices has not changed much since yesterday. Win-20 dropped by 1% on the back of falling EUAs prices - 27/05/2020
Oil prices fell on Wednesday after U.S. President Donald Trump said he was working on a strong response to China's proposed security law in Hong Kong - 27/05/2020
Carbon is trading around the same level as yesterday and it is currently at 21.36 - 27/05/2020
Sterling retreated below $1.23 on Wednesday as the dollar regained some strength and investors' focus shifted back to the possibility of negative interest rates in Britain. - 27/05/2020
Natural gas prices open low on comfortable fundmentals. 16 LNG tanker arrivals to the UK for May. - 26/05/2020
Power prices follow suit as temperatures remain well above seasonal normal levels - 26/05/2020
Oil prices ticked up today on the back of increasing global demand as economies started lifting lockdown mesaures. - 26/05/2020
Carbon prices are up this morning - 26/05/2020
The Pound keeps trading around last week’s levels against major currencies - 26/05/2020
UK natural gas prices open on the front foot this morning. Temperatures in the UK today are significantly above average and is expected to remain warm for the next couple of weeks. There is an unplanned outage at Kollsnes. - 22/05/2020
Oil opens flat this morning currently trading at yesterday close of $34.65/bbl. API data last night expected that crude oil inventories reduced by 4.8 million barrels. Official data is due later this afternoon. - 22/05/2020
Power fundamentals are weak this morning as little wind generation bring the total renewables mix to 28% Gas fired demand takes dominance at 35%. Imports through the interconnectors are over 3GW. - 22/05/2020
Carbon trades at €20.11/tCO2 a upside of 0.75% this morning. - 22/05/2020
The pound remains to trade at €1.118 against the euro. UK CPI - 22/05/2020
UK natural gas prices opened soft as no aoutages are in sight - 21/05/2020
Power fundamentals are weak this morning as little wind generation bring the total renewables mix to 28% Gas fired demand takes dominance at 35%. Imports through the interconnectors are over 3GW. - 21/05/2020
Oil is trading on the upside at $36.00/bbl. - 21/05/2020
Carbon is flat against last day's close. It is currently priced at €21.27/tCO2. - 21/05/2020
The Pound continues to lose ground at €1.119. - 21/05/2020
UK natural gas prices open on the front foot this morning. Temperatures in the UK today are significantly above average and is expected to remain warm for the next couple of weeks. There is an unplanned outage at Kollsnes. - 20/05/2020
Power fundamentals are weak this morning as little wind generation bring the total renewables mix to 28% Gas fired demand takes dominance at 35%. Imports through the interconnectors are over 3GW. - 20/05/2020
Oil opens flat this morning currently trading at yesterday close of $34.65/bbl. API data last night expected that crude oil inventories reduced by 4.8 million barrels. Official data is due later this afternoon. - 20/05/2020
Carbon trades at €20.11/tCO2 a upside of 0.75% this morning - 20/05/2020
The pound remains to trade at €1.118 against the euro. UK CPI - 20/05/2020
UK natural gas prices open on the front foot this morning as we were expecting to see a drop in import flows due to maintenance at St Fergus. Temperatures likely to be above averages for the rest of May into June. - 19/05/2020
Power fundamentals are weak this morning with gas fired generation taking the lead at 28%. Nuclear follows at 21%. The total renewals mix is pegged at 35% and is forecasted to increase of the next week as warmer temperatures approach. - 19/05/2020
Oil is trading at $34.99/bbl - 19/05/2020
Carbon is trading at €20.14/t/CO2. A downwards motion of 1% since yesterday. - 19/05/2020
The pound is currently trading at €1.119 against the euro. This may be short lived with BOE policy announcements and Brexit negotiations around the corner. - 19/05/2020
UK natural gas prices open on the front foot this morning. Temperatures are expected to remain warm for the next two weeks. LNG terminal Dragon is not exporting due to maintenance. There are only a potential 5 LNG cargoes due in the UK. - 18/05/2020
Power fundamentals are strong this morning with wind generation dominating the mix at 27% gas fired follows at 24% There is only 1GW currently being imported through the interconnectors. - 18/05/2020
Oil is trading at $33.73/bbl. An upside of 3.7% since Fridays close. China’s oil demand counties to increase however fears of a second wave of Covid-19 which could cause countries to close down again. - 18/05/2020
Carbon has gained strength this morning by 1.36% - 18/05/2020
The pound is trading at €1.120 against the euro. There are big fears over the UK’s economy due to the response to the Covid-19 pandemic. - 18/05/2020
UK natural gas prices open on back foot this morning with Norwegian flows remaining low total exports for May were 10% lower than for April. There are now speculation that we could see more LNG heading back to Asia. - 15/05/2020
Power fundamentals are weak this morning with gas fired generation pegged at 31% Wind and solar are contributing 13% and 11%. The interconnectors continue to import at near capacity. - 15/05/2020
Oil is trading at $32.41/bbl a upside of 4%since yesterdays close. Anticipating demand will now fall in 2020 by 8.6 million barrels per day - 15/05/2020
Carbon has gained strength this morning by 1.1% with EUAs now trading hands back over €19/tCO2e. Currently trading at €19.09/tCO2 - 15/05/2020
The pound is currently trading at €1.129 against the euro as UK GDP collapsed in the first quarter of this year due to the coronavirus. - 15/05/2020
UK natural gas prices open on the front foot this morning despite a couple of unplanned events at Visund and Kvitebjørn. Temperatures are still below seasonal normal for the next couple of days before we enter a period of warmer weather. - 14/05/2020
Power fundamentals are weak this morning with gas fired generation at 32% Wind and solar neck and neck at 14% with support coming from near capacity flows through the main 3 interconnectors. - 14/05/2020
Oil has gained strength this morning by 2.6% - 14/05/2020
Carbon is trading at €18.54/tCO2 a downside of 0.8% - 14/05/2020
The pound has lost more ground this morning - 14/05/2020
UK natural gas prices open on the front foot this morning as demand is 20% above seasonal normal with temperatures remaining on the cooler side. There is a new unplanned outage at Kollsnes; impact and duration are currently not known. - 13/05/2020
Power fundamentals are weak as gas fired generation dominates at 30%. Nuclear generation follows at 20% Wind and solar are low at 18% and 9% There is over 3GW being imported through the interconnectors - 13/05/2020
Oil has dropped 2.6% this morning - 13/05/2020
Carbon is trading at €18.44/tCO2 - 13/05/2020
The pound is currently trading at €1.132 against the euro. This currency lost ground yesterday after the UK GDP data release showing a 2.1% reduction than the forecast. - 13/05/2020
UK natural gas prices has opened on the front foot this morning. Cooler temperatures see demand increase to above seasonal normal - 12/05/2020
Power fundamentals are weak this morning with gas fired generation at 28%. Wind and solar follows behind at 17% and 13%. The UK is also receiving over 3GW of imports through the interconnectors. - 12/05/2020
Oil has gained strength this morning by 1% - 12/05/2020
Carbon prices have dropped by 1% this morning - 12/05/2020
The pound is trading at €1.141 against the euro. UK GDP data is due tomorrow. - 12/05/2020
UK natural gas prices open on the front foot as temperatures have dipped today after a warm weekend however are expected to increase from Thursday. There are 9 LNG tankers expected to arrive in the UK over the next 2 weeks. - 11/05/2020
Power fundamentals are strong this morning with wind generation pegged at 36% Total renewable generation for the UK is at 53%. Gas fired generation is suppressed to 16%. - 11/05/2020
Oil has is trading at $30.46/bbl a downwards movement of 1.6% since Fridays close. The US rig count has dropped to a record low at 374. - 11/05/2020
Carbon has dropped 0.7% this morning - 11/05/2020
The pound is trading at €1.143 against the euro . Following Boris Johnson’s announcement last week it looks like the UK will be slower than other European countries to come out of lockdown - 11/05/2020
UK natural gas prices open on the front foot . Warm temperatures have resulted in below seasonal normal demand today. LNG terminal Dragon is exporting at 0 due to maintenance. - 07/05/2020
Power fundamentals is weak this morning with gas fired demand at 35%. Nuclear power is contributing 22% The National Grid are in talks with EoN to potentially reduce the output from the Sizewell nuclear plan. - 07/05/2020
Oil is trading at $29.55/bbl. A downwards movement of 0.7%. US crude stock data released yesterday showed a build of 4.5 million barrels which was much lower than the forecast 8.5 million. - 07/05/2020
Carbon has lost ground this morning by 0.5% - 07/05/2020
The pound is trading at €1.146 against the euro. The Bank of England has decided to keep the interest rate the same and are not injecting any more stimulus. - 07/05/2020
UK natural gas prices opened on the back foot despite temperatures increasing today - 06/05/2020
Power fundamentals are weak this morning with gas fired demand pegged at 35%. Solar is at 11% but this will increase as the day progresses. - 06/05/2020
Oil has opened flat this morning - 06/05/2020
Carbon has dropped 1.6% this morning - 06/05/2020
The pound is trading at €1.148 against the euro. UK Services PI data was better than expectations. The market will now await the Prime Ministers address to the nation on Sunday. - 06/05/2020
UK natural gas prices opened on front foot as colder temperatures have seen demand edge above seasonal normal - 05/05/2020
Power fundamentals are strong with gas fired generation supressed to 21%. Nuclear holds the ground at 22%. Renewables mix is contributing 42% The top three interconnectors are importing to support. - 05/05/2020
Oil is trading at $29.16/bll an upside of 2% since yesterday as Chinese demand starts to increase and the OPEC+ production cuts start to take effect. - 05/05/2020
Carbon is trading at €19.59/tCO2 an upside of 1.1% since yesterday - 05/05/2020
The pound has climbed back over the €1.14 market - 05/05/2020
UK natural gas prices open on the front foot this morning as forecasts are suggesting this week will be above seasonal normal levels. A drop in storage withdrawals and increase in injections as well as a drop in LNG send out. - 04/05/2020
Power fundamentals are weak this morning with gas fired generation at 39% Wind is contributing 4% and solar 8% we have support from all five interconnectors. - 04/05/2020
Oil has lost some ground this monring by 1.6%. Currently trading at $25.99/bbl Oil production at refineries continues to remain strong - 04/05/2020
Carbon is currently trading at €19.00/tCO2 as auction volumes were up on last week - 04/05/2020
The pound has dropped below the €1.14 mark - 04/05/2020
UK natural gas prices open on the front foot with temperatures looking a bit cooler for next week but continue to oscillate around seasonal normal levels. - 01/05/2020
Power fundamentals are slightly weakened this morning as with gas fired generation at 28%. Nuclear follows at 21%. The total renewable mix is contributing 37% to the total UK power mix - 01/05/2020
Oil is currently trading at $26.11/bbl a drop of 1.5% As it’s the first day of May we will begin to see the most recent OPEC production cuts come into force. - 01/05/2020
Carbon has dropped 1% this morning - 01/05/2020
The pound is currently trading at €1.144 against the euro. Prime Minister Boris Johnson confirmed yesterday evening that the UK is has a negative R showing the infection rate is less than one person. - 01/05/2020
UK natural gas bearishness continues. 7 LNG tankers are on the horizon for the UK in the next two weeks - 24/04/2020
Power fundamentals are weak with gas fired generation dominating at 40%. Wind is suppresed to 3% and solar is contributing 10%. The three large interconnectors are importing close to capicity to further support the stack. - 24/04/2020
Oil gained strength to $21.67/bbl this morning. An upside of $21.67/bbl. Donald Trump announced that the US armed forces would act following harrasment of US tankers. - 24/04/2020
Carbon has dropped by 1.5% this morning - 24/04/2020
UK natural gas bearishness continues. 7 LNG tankers are on the horizon for the UK in the next two weeks - 24/04/2020
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