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.
The prompt UK baseload contract is pointing up this morning as Hartlepool 1 (595MW) and Sizewell B-2 (630MW) go offline for maintenance today. The return of Hartlepool 2 (595MW) tomorrow is limiting the upside. - 11/10/2024
The day-ahead gas contract is moving to the downside this morning on the return of the Norwegian Troll gas field and warmer temperatures into next week. Continued injection and gas-fired demand are limiting downside. - 11/10/2024
UK gas futures are bearish this morning, giving back some of yesterday's gains. Prices remain subdued relative to Friday's highs but continue trading in a tight range on opposing signals from fundamentals and geopolitics. - 11/10/2024
EU carbon has made strong gains this week on the back of technical traders, though morning trading is seeing the benchmark contract move to the downside as buying interest wanes. - 11/10/2024
Forecasts of wind generation mostly below seasonal norms through November, in combination with tighter nuclear availability, have supported UK carbon this week, though some of the gains are eroding in morning trading. - 11/10/2024
The UK and EU carbon benchmarks are continuing the weeks bullish trend in morning trading. Increased gas demand for the winter is supporting the UK, whilst the recovery in gas markets sends bullish signals to the EU. - 10/10/2024
The UK has lost one of its LNG cargoes scheduled for Oct-24 (previously 4, now 3). However, UK and European gas prices continue to trade above those in Asian markets, encouraging LNG cargoes. - 10/10/2024
UK gas futures are pointing up in morning trading, recovering from some of yesterday's strong downside. Positive sentiment from National Gas' winter outlook remains, whilst some concerns from the Middle East are easing. - 10/10/2024
Total Norwegian piped exports to the UK opened 10mcm/d long this morning, providing bearish signals to prompt contracts on signs that similar firm flows will continue into tomorrow. - 10/10/2024
Wind generation is forecasted to begin falling into tomorrow, adding bullish pressure to day-ahead energy contracts for the remainder of the week on increased demand for gas-fired generation. - 10/10/2024
The 595MW Hartlepool 2 nuclear reactor restart date has been delayed by 3 days to 12-Oct, offering support to prompt contracts for the remainder of the week. - 09/10/2024
Rising wind generation into tomorrow is providing bearish signals to prompt baseload markets on reduced gas-fired demand. However, falling temperatures are offering support to day-ahead gas. - 09/10/2024
UK and EU carbon benchmarks are rallying in morning trading. The UK ETS has been staging a recovery this week after falling in previous weeks, whilst EU carbon is reversing losses from earlier in the week. - 09/10/2024
Total Norwegian piped exports to the UK opened 19mcm/d long this morning, with ample supply leaving room for storage injections again today and providing bearish signals to the near curve. - 09/10/2024
UK gas futures have followed a bearish trend this week, reversing last week's strong upside as National Gas expects ample supply during the winter unless a cold snap coincides with a significant supply disruption. - 09/10/2024
UK gas futures are pointing down in morning trading, continuing the trend from yesterday. Risk still remains from escalations in the Middle East, but positive fundamentals are seeing some of this risk be eroded. - 08/10/2024
Total Norwegian piped exports to the UK opened 8mcm/d long this morning, providing bearish signals to prompt on signs of sufficient pipeline supply despite the ongoing outage at the Norwegian Troll gas field. - 08/10/2024
Rising wind generation into tomorrow is exerting bearish pressure on day-ahead energy contracts on reduced demand for gas-fired generation. - 08/10/2024
The EU carbon benchmark is trading down this morning, with milder temperatures and higher renewable output this week. Easing gas prices are also exerting some bearish pressure. - 08/10/2024
UK storage had fallen in recent weeks as cooler temperatures and Norwegian maintenance saw a short-term tightening of supply. Injections are continuing today, offering bearish signals to the near-curve. - 08/10/2024
The UK has secured 4 LNG cargoes for the month of October and 1 LNG cargo for the month of November. This boost in supply is offering some bearish pressure to near-curve energy contracts. - 07/10/2024
The UK gas system opened 30 mcm undersupplied this morning, with an outage at Norway's Troll gas field and injection demand. Troll's return tomorrow could offer relief to day-ahead, though injection demand persists. - 07/10/2024
The Sizewell B-1 (630MW) nuclear facility went offline yesterday, providing bullish pressure to prompt contracts this week. Offsetting some of this upside will be the return of Hartlepool 2 (595MW) on Wednesday. - 07/10/2024
The Brent Crude benchmark is continuing last week's bullish rally in morning trading, with Israeli threats to hit Iranian oil fields remaining a supportive element. China is currently chief amongst the buyers of Iranian oil. - 07/10/2024
UK gas futures are easing somewhat in morning trading after rallying towards the end of last week on geopolitical concerns. Fundamentally, Europe has strong storage, ample supply, and suppressed demand. - 07/10/2024
Weather fundamentals are offering overall bearish signals this morning, with wind generation and temperatures rising from today's level into Monday. - 04/10/2024
The 595MW Heysham 2-7 nuclear reactor is back online 3 days early. However, the 630MW Sizewell B-1 reactor is due to offline this weekend, supporting day-ahead baseload contracts into Monday. - 04/10/2024
UK gas futures are trading sideways this morning after rising yesterday on mounting concerns that Israel could attack Iranian oil facilities, a clear escalation of the conflict in the region. - 04/10/2024
The commissioning of the Dogger Bank A wind farm has been delayed to H2-25, raising concerns of delays to Dogger Bank B and C. This could offer some support to UK energy futures from 2025 onwards. - 04/10/2024
The EU carbon benchmark is trading down this morning with milder temperatures and an expected increase in wind output across Northwest Europe reducing gas demand. - 04/10/2024
The UK has secured an additional LNG cargo for Oct- 24, bringing the total to 4. Despite this, near curve gas contracts are trading up in morning trading, reversing yesterday's downside. - 03/10/2024
The UK gas system opened up oversupplied this morning as Norwegian flows to the UK edge up by 10mcm/d. The increased supply has seen the UK able to make some minor injections into storage this morning. - 03/10/2024
The International Energy Agency (IEA) expects global gas demand to rise by 2.6% this year, spurred by Asian demand. This could be a supportive element to energy futures if we see this trend continue into 2025. - 03/10/2024
The Brent Crude benchmark continues to make gains amid supply risks from ongoing geopolitical tensions in the Middle East. However, OPEC+ are increasing production from December onwards, limiting upside. - 03/10/2024
A gradual increase in wind generation to above seasonal levels is providing bearish pressure to day-ahead baseload contracts. Gains in the UK carbon benchmark are restricting further downside. - 03/10/2024
The UK have secured an additional LNG cargo for Oct-24, bringing the total up to 3. This boost in supply is offering some bearish pressure on near-curve energy contracts, despite current tightness in the global LNG supply. - 02/10/2024
A sharp drop in wind generation below seasonal levels is offering support to day-ahead baseload contracts and pushing up the UK carbon benchmark on increased gas-for-power demand. - 02/10/2024
A new Greek LNG terminal has launched helping to diversify supply of LNG to Europe via the Vertical Corridor initiative, providing bearish signals to energy futures on prospects of greater LNG supply for the region. - 02/10/2024
The market continues to weigh ongoing concerns around the escalating conflict in the Middle East, which is limiting downside on UK gas contracts. Strong storage levels are providing a cushion to upside risk. - 02/10/2024
The Brent Crude benchmark is trading up this morning on fears of a widening conflict in the Middle East disrupting oil supply, with key OPEC member Iran launching a series of missile strikes against Israel. - 02/10/2024
Declining UK nuclear output into October, coupled with weak wind generation and cooler temperatures, is offering support to prompt contracts through October on increased gas demand. - 01/10/2024
Recovering gas-for-power demand in Europe for Winter-24, driven by colder weather forecasts, reduced coal-fired generation, and lower Belgian nuclear output is limiting downside on near-curve baseload contracts. - 01/10/2024
Norwegian gas output for Winter-24 is expected to remain on par with Winter-23 levels, easing some supply concerns over the winter period and providing some bearish pressure to near-curve gas contracts. - 01/10/2024
UK gas futures are retracing yesterday's gains in morning trading, with robust storage levels providing some relief to prices. However, ongoing geopolitical concerns in the Middle East have limited further downside. - 01/10/2024
The Brent Crude benchmark is trading down this morning amid stronger supply prospects and muted demand, outweighing escalating tensions in the Middle East. - 01/10/2024
The UK gas system opened undersupplied this morning on a reduction in Norwegian exports, while further extended outages to Norwegian facilities are exerting bullish pressure to prompt gas on tighter supply. - 30/09/2024
Weather fundamentals are offering support to prompt baseload contracts, with a decline in wind generation into tomorrow exacerbating tightness in gas supplies. - 30/09/2024
UK energy contracts have edged higher this morning amid mounting concerns of a widening conflict in the Middle East as Israel steps up attacks in Lebanon and Yemen. High storage levels are limiting further upside. - 30/09/2024
EU LNG prices have hit a one-month high driven by robust demand in Northeast Asia and Egypt, weighing on near curve UK energy contracts. - 30/09/2024
The EU carbon benchmark is trading neutral-bearish this morning, with 5 auctions this week and the completion of the September deadline limiting any upside from gas markets. - 30/09/2024
UK gas futures are moving to the downside in morning trading after rising over the previous two sessions. Fundamentally, not much has changed which suggests a technical rebound. - 27/09/2024
UK Carbon is pointing up this morning, receiving pressure from government plans to revise allocations for 2023-25 down. EU carbon is neutral to bearish on healthy wind production across Central Europe. - 27/09/2024
The Brent Crude benchmark is sideways this morning, with the potential for increased output from Libya and other OPEC+ countries halting this weeks bullish trend. - 27/09/2024
A sharp drop in wind generation into Monday is exerting bullish pressure on day-ahead baseload contracts on increased demand for gas-fired generation. - 27/09/2024
The day-ahead gas contract is trading flat this morning, with concerns over heightened gas-fired demand being offset by rising temperatures and the end of maintenance work at St. Fergus. - 27/09/2024
The UK gas system opened up undersupplied this morning amid a reduction in Norwegian flows, alongside a sharp fall in temperatures, providing bullish signals to prompt gas contracts. - 26/09/2024
French utility EDF has halted its Cattentom 1 (1.3GW) nuclear reactor until Sunday. This could reduce export capacity, though strong wind generation until after the weekend is offsetting any bullish pressure. - 26/09/2024
The Brent Crude Benchmark is pointing down this morning on news that Saudi Arabia, the world’s largest exporter of crude oil, will be exporting more volumes from December this year. - 26/09/2024
Prompt baseload contracts are pointing down this morning, with wind generation sitting above seasonal normal levels and providing bearish pressure to day-ahead baseload contracts. - 26/09/2024
Concerns regarding Tropical Storm Helene in the US are now easing as forecasts suggest that it will miss most of the producing regions as it is moving Eastwards, reducing risk along the curve. - 26/09/2024
A sharp rise in wind generation above seasonal levels into tomorrow is exerting bearish pressure on day-ahead baseload contracts on reduced demand for gas-fired generation. - 25/09/2024
Prompt gas contracts are sideways this morning, with a reduction in Norwegian flows by 24mcm/d being offset by an oversupplied system and a forecasted drop in gas-for-power demand. - 25/09/2024
The UK have received an additional LNG cargo for Sep-24, bringing the total up to 7. This limits upside on near-curve energy contracts on increased supply, despite signs of tightening global LNG supply. - 25/09/2024
European LNG buyers are signing fewer long-term contracts on expectations of lower gas demand, but exposure to spot LNG markets could lend support to energy futures on greater exposure to market shocks. - 25/09/2024
The UK carbon benchmark is receiving support from a reduction of free allocations for the remainder 2024, and is awaiting news from the UK governments upcoming new carbon budget. - 25/09/2024
Prompt energy contracts are pointing up this morning on tighter supply, with unplanned maintenance at the Norwegian Sleipner and Karsto gas processing plants, and cooling temperatures into tomorrow. - 24/09/2024
The Heysham 1-1 (580MW) nuclear reactor has been brought back online a day earlier than scheduled, taking the totally nuclear capacity to 81% and limiting upside on day-ahead energy contracts. - 24/09/2024
The Cove Point Liquified Natural Gas (LNG) facility in Maryland, USA has been shut down for three weeks for planned maintenance, though near curve gas has shrugged off the concerns on weak demand. - 24/09/2024
The Brent Crude Benchmark is pointing up this morning as geopolitical tensions escalate between Israel and Lebanon. The dynamic is also offering some support to near curve gas. - 24/09/2024
A second major hurricane looms in the Caribbean as a potential tropical cyclone could become a hurricane, causing some US oil and gas firms to evacuate offshore rigs. - 24/09/2024
Total Norwegian piped exports to the UK opened 9mcm/d short this morning, providing bullish signals to day-ahead gas contracts on signs of insufficient pipeline supply. - 23/09/2024
The return of the NemoLink interconnector is providing bearish pressure to prompt baseload prices on prospects of greater power imports, whilst rising wind into tomorrow limit downside. - 23/09/2024
Geopolitics in the Middle East are offering some support to the near curve as the increase in Israeli raids in the West Bank raise concerns about attacks from this region, and Lebanon remains volatile. - 23/09/2024
Japanese LNG stocks have fallen sharply, driven by increased selling to Southeastern Asian nations struggling with heatwaves. This is supporting near curve energy futures on higher Asian demand. - 23/09/2024
UK and EU carbon are pointing up this morning, with an improving economic picture amid US interest rate cuts offering support. The reversal in downside to gas is also supporting EU carbon. - 23/09/2024
Prompt baseload contracts are receiving support from low wind generation and a reduction in UK nuclear capacity down to 72% into next week, increasing gas-for-power demand. - 20/09/2024
UK gas contracts are bullish this morning, with news surrounding a Ukrainian gas transit deal with Azerbaijan appearing to be somewhat incorrect and markets retracing some of yesterday afternoons fall. - 20/09/2024
Egypt plans to restore normal gas field output by summer 2025, potentially becoming a net gas exporter again, providing bearish signals to S-26+ contracts on prospects of greater LNG supply to Europe. - 20/09/2024
The UK gas system opened up 14mcm undersupplied this morning, with a reduction of Norwegian flows via Langeled at 26mcm/d pushing up day-ahead gas prices on tighter supply. - 20/09/2024
UK baseload contracts are tracking gains seen in the gas market, stemming from supply concerns and geopolitical tensions, with the UK carbon benchmark also providing support to prices. - 20/09/2024
A large amount of Norwegian maintenance will be ramping down or coming to an end tomorrow, limiting upside to prompt energy contracts on greater supply availability. - 19/09/2024
Turkey have signed another 10-year LNG deal and now have 25bcm of surplus gas to re-export to European markets, providing bearish signals to energy futures on expectations of greater LNG supply for the region. - 19/09/2024
Russia is favouring sending LNG exports to Asia over Europe, adding bullish pressure along the curve on increased supply competition. Tepid European demand is limiting upside to the near-curve though. - 19/09/2024
UK gas contracts are bullish this morning, recovering from yesterday's downside, as the market considers risks as we approach the colder months and Middle Eastern tensions flare up. - 19/09/2024
Brent Crude is trading up this morning amid US interest rate cuts which signal a boost in economic activity, however, gains are capped by lingering global demand concerns. - 19/09/2024
Day-ahead baseload contracts are receiving support from gains seen in the UK carbon benchmark, with low wind generation this week and next increasing gas-for-power demand. - 18/09/2024
A reduction of Norwegian flows to the UK into tomorrow, as maintenance ramps up at the Kollsnes and Nyhamna facilities, is limiting downside to day-ahead gas contracts on tightening of supply dynamics. - 18/09/2024
Greece has secured a 5-year LNG deal, helping to improve European supply security and limiting the upside to energy futures from 2025 on prospects of greater LNG supply for the region. - 18/09/2024
Prompt and near-curve gas contracts are seeing a retrace of yesterday's gains, as fundamentals remain mostly bearish amid high storage levels and an improving LNG supply picture weigh on prices. - 18/09/2024
Gas demand in Europe is down 5.4% year-on-year. This remains a limiting factor for UK and European gas futures, placing a cap on potential upside. - 18/09/2024
Loosening supply dynamics with increased Norwegian flows and an oversupplied system is improving prospects of storage injections, after recent downdraws, limiting upside on near-curve gas contracts. - 17/09/2024
Unseasonably low wind output is offering support to the UK carbon benchmark and pushing up day-ahead gas prices on increased demand for gas-fired generation. - 17/09/2024
The forecast of a cold Q1-25 and increased US hurricane activity stemming from the La Niña weather pattern is providing support to 2025 seasonal contracts on concerns of tighter supply - 17/09/2024
Ukraine is expected to receive their first US LNG cargo in Dec-24, showing signs of improving supply security in the region and easing risk associated with the imminent end of Russian gas flows via Ukraine. - 17/09/2024
The IC2 France interconnector is due back from maintenance tomorrow, providing downside to day-ahead baseload contracts on increasing prospects of higher power imports to the UK. - 17/09/2024
The UK have secured an additional LNG cargo for Oct-24, bringing the total to 2, offering some bearish pressure to near-curve gas contracts on an improving supply picture. - 16/09/2024
An increase in temperatures to above seasonal levels is reducing heating demand, however low wind output is increasing demand for gas-fired generation, limiting downside to day-ahead energy contracts. - 16/09/2024
Despite an unplanned outage at Aasta Hansteen, Norwegian flows to the UK are up by 21mcm/d this morning, with the return of Langeled providing bearish pressure to prompt contracts. - 16/09/2024
Front season contracts are seeing some downside on easing LNG market competition amid weakening Asian LNG demand and the finalisation of the large Egyptian tender. - 16/09/2024
The EU carbon benchmark is mirroring losses seen in the gas market, with delayed Autumn heating demand and strong wind generation in central Europe offering relief to prices. - 16/09/2024
The Brent Crude Benchmark continues to show signs of recovery this morning, with output disruptions from Hurricane Francine continuing to support the market on reduced US output. - 13/09/2024
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.
