Energy Market Insights

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.

Energy Market Watch Feed

Our experts share the updates that matter in our global energy market feed.

Power interconnectors to the UK remain strong and are currently sitting at 19%, providing some bearish sentiment to day-ahead power contracts on a diverse power stack. - 28/03/2024


Total Norwegian flows are up this morning and are currently sat at 341mcm/d, despite the Kollsnes facility running into a “process problem”, however strong flow are likely to provide bearish sentiment to day-ahead gas contracts. - 28/03/2024


UK carbon credits have been exposed to some slight bullish pressure as a result of falling wind generation into tomorrow, with wind forecast to only generate 6MW of power, increasing the UK’s dependence on carbon emitters. - 28/03/2024


The 595MW facility Torness 2 is expected to go offline today for planned maintenance, while the ongoing outage at Heysham 1-2 has been extended by three days, limiting the downside on day-ahead power contracts. - 28/03/2024


Brent Crude is trending sideways today on investors reassessing the latest data on US Crude oil and gasoline inventories, whilst the commodity experiences a slight uptick in buying pressure. - 28/03/2024


Wind generation is continuing to rise into tomorrow supported by temperatures sitting around seasonal norms, providing downside to day-ahead energy contracts on less demand for expensive gas-fired generation. - 27/03/2024


Due to ongoing maintenance at the Rough facility, withdrawals and injection are unavailable until the 4th of April, leaving the UK reliant on our mid-range storage. - 27/03/2024


Norwegian flows are up today and are currently sitting at 347mcm/d, as maintenance at the Tolmount facility is coming to an end, providing downside to day-ahead gas contracts on strong supply. - 27/03/2024


US company Berkshire Hathaway Energy, the operator of Cove Point LNG terminal, have said that LNG operations will not be impacted by the collapse of a bridge in the port of Baltimore. - 27/03/2024


Brent Crude is seeing some downside after a report that crude stockpiles in the US have surged and on signs major producers are unlikely to change their output policy at a technical meeting next week. - 27/03/2024


Day-ahead energy contracts could see some downside on increasing levels of wind generation into tomorrow on reduced demand for gas-fired generation. - 26/03/2024


The UK gas system opened 12mcm long this morning, providing potential downside to day-ahead energy contracts on supply outweighing demand. - 26/03/2024


Northwest Europe storage levels are currently 5% above last year’s levels, while it is forecasted that NWE will end this winter with supplies 55% full. - 26/03/2024


Power interconnector flows to the UK continue to remain strong and are currently sitting at 21%, providing downside to day-ahead power contracts on robust supply. - 26/03/2024


Brent crude is moving sideways as investors adopt a more mixed view towards the loss of Russian refinery capacity following recent Ukrainian attacks, although a slightly weaker US dollar has offered some support. - 26/03/2024


Total Norwegian flows are up this morning at 346mcm/d, despite an ongoing unplanned outage at the Tolmount facility, providing downside to day-ahead gas contracts on strong supply. - 25/03/2024


Looking ahead into tomorrow we can see wind generation is seeing a slight decrease, which could provide some slight upside to day-ahead energy contracts on more demand for gas-fired generation. - 25/03/2024


Today, we saw the return of Heysham 1-1 after being offline for over 14 weeks. This facility was scheduled to resume operations on the 6th of April but has been brought forward, providing downside to nearer dated power contracts. - 25/03/2024


Power interconnectors flows to the UK remain strong, currently sitting at 7.7GW, providing downside to day-ahead power contracts on robust power supply. - 25/03/2024


Brent crude has seen some upside this morning on concerns over tighter global supply brought about by escalating conflict between Russia and Ukraine, while a shrinking US rig count also added to upwards price pressure. - 25/03/2024


The La Nina weather phenomenon is set to replace El Nino in June. This could signify a stronger US hurricane season, which could in turn potentially impact US LNG exports, which would provide bullish sentiment. - 22/03/2024


Wind generation is set to decline over the weekend, pushing up day-ahead gas prices due to the increase in demand for gas-fired generation. - 22/03/2024


French interconnectors flows remain high, providing 12% to the UK power stack, helping to offset limited nuclear capacity and limiting upside on the day-ahead baseload contract. - 22/03/2024


UK storage levels are down 7% on last years levels, increasing the need for storage injections as we go into Q2 and therefore providing bullish pressure to near-curve prices. - 22/03/2024


Brent Crude has edged down slightly on the prospect of Gaza ceasefire that could ease geopolitical concerns in the Middle East alongside faltering U.S. gasoline demand. - 22/03/2024


Freeport LNG have taken trains 1 and 2 offline until May due to unplanned maintenance, with Europeans exports down 38% in February already, adding bullish pressure to front season prices on limited supply. - 21/03/2024


Temperatures are set to decline below seasonal levels, increasing gas-for-heating demand and limiting downside on day-ahead gas contracts. - 21/03/2024


Norwegian flows have increased to 337mcm/d, with the UK receiving the most of this increase, coupled with the gas system opening oversupplied this morning it is adding bearish pressure to day-ahead contracts. - 21/03/2024


The EU have extended their carbon tax to include LNG cargoes starting in 2024, pushing up European gas prices and potentially splitting the LNG market in two and could have long term ramifications. - 21/03/2024


Brent Crude is trading sideways this morning as U.S. crude and gasoline stock drawdowns was met with the U.S Federal Reserve potentially keeping interest rates higher for longer. - 21/03/2024


The onset of storage replenishment heading in Q2 along with lower LNG prices incentivising demand in Asia is adding bullish sentiment to near-curve gas contracts due to increasing supply competition. - 20/03/2024


Heysham 2-8 nuclear reactor is back online a day early, increasing the UK’s nuclear capacity to 73%, providing bearish sentiment to prompt baseload contracts. - 20/03/2024


The UK gas system opened up 13mcm oversupplied this morning, with Norwegian flows recovering from FLAGS to the UK, providing bearish pressure to day-ahead gas prices. - 20/03/2024


Wind generation is set to increase above seasonal normal levels in the coming days, reducing the need for gas-fired generation providing downside to day-ahead contracts. - 20/03/2024


Brent Crude edged down slightly this morning, due to a strong dollar making oil more expensive for purchases in foreign currencies and dampening demand. - 20/03/2024


The Heysham 1-1 and Heysham 1-2 nuclear reactor restart dates have been further extended into late March and early April, applying bullish sentiment to prompt contracts due to reduced online nuclear availability. - 19/03/2024


Temperatures are sat comfortably above seasonal norms, helping to reduce the demand for gas-for-heating, limiting upside on day-ahead gas contracts. - 19/03/2024


Outages at Freeport LNG have reduced output capacity to 29%, limiting exports and contributing to bullish pressure on near-curve gas contracts on a reduction in supply. - 19/03/2024


European interconnectors flows remain strong, providing 6GW to the UK power stack, helping to offset low wind generation and limiting upside on day-ahead baseload contracts. - 19/03/2024


Brent Crude has dipped slightly this morning, partly due to the prospect of increasing supply from Russia and slower-than-expected downstream demand. - 19/03/2024


Norwegian flows have been limited to 327mcm/d due to a number of outages and delivery problems via FLAGS to the UK, adding bullish pressure to day-ahead gas prices due to limited supply. - 18/03/2024


The UK is now scheduled to receive 7 LNG cargoes in March, helping to limit upside on near-curve gas contracts as supply fundamentals improve, making storage injections more likely. - 18/03/2024


A sharp decline in wind generation is helping to push up U.K. carbon prices as demand is set to increase, as well as adding bullish sentiment to the day-ahead baseload contract. - 18/03/2024


The Heysham 1-1 nuclear reactor is set to return to service, increasing the UK's nuclear capacity to 4.7GW, providing bearish sentiment to prompt contracts. - 18/03/2024


Brent Crude has seen some upside this morning on the view that supply is tightening, while the supply risks are being further heightened by the Ukrainian attacks on Russian energy infrastructure. - 18/03/2024


Interconnector flows remain strong this morning, providing 8.5 GW to the U.K. power stack, limiting upside to day-ahead baseload contracts. - 15/03/2024


Oil prices dipped slightly this morning but are anticipated to climb by almost 4% for the week, driven by the IEA's reassessment of its oil demand forecasts and an unforeseen decrease in U.S. stockpiles. - 15/03/2024


European storage levels are currently 6.6% higher than they were at the same point last year, helping to mitigate European gas procurement risk during the storage replenishment season. - 15/03/2024


Temperatures are expected to drop throughout the weekend, potentially driving up demand for gas heating and thereby limiting the downward pressure on day-ahead gas contracts. - 15/03/2024


Europe’s power demand is set to increase by 2.9% in 2024 and 2.7% in 2025, which would instill bullish pressure to further-dated contracts on increased demand. - 15/03/2024


The UK already has its first LNG cargo scheduled for April - a possible signal of intent to begin replenishing storage at the turn of the month when prices may be lower, and this is having a bearish effect on UK gas contracts. - 14/03/2024


Wind generation is expected to decline, pushing up U.K. carbon prices due to a potential increase in demand for coal to meet the deficit as well as limiting downside on day-ahead baseload contracts. - 14/03/2024


Brent crude rose this morning, on strong U.S. fuel demand after a decrease in U.S. crude stockpiles and gasoline stocks hit a 3 month low pushing up prices. - 14/03/2024


Welkin Mill Battery Storage asset with a capacity of 35 MW is expected to be operational in 2024 adding bearish sentiment to further-dated contracts, as the U.K's renewable supply security improves. - 14/03/2024


U.K. gas system opened up 13 mcm long this morning, maintenance has ended at Kårstø, increasing Norwegian flows by 9 mcm/d, limiting upside on day-ahead gas contracts. - 14/03/2024


Norwegian flows declined to a total of 330mcm/d today due to a number of planned and unplanned outages, adding bullish sentiment to prompt contracts. - 13/03/2024


Temperatures are still sat above seasonal normal, reducing gas demand for heating, therefore limiting upside on day-ahead gas prices. - 13/03/2024


Lower LNG spot prices in Asia could add bullish sentiment to the U.K. market prices due to heightened competition for LNG. - 13/03/2024


Extended outages at French nuclear reactors could limit supply availability in France, adding bullish pressure to day-ahead baseload contracts due to limited interconnector flows. - 13/03/2024


Brent crude rose slightly this morning due to expectations of strengthening global demand, including from the world's top consumer, the United States. - 13/03/2024


Brent crude rose slightly this morning on geopolitical tensions in the Middle East continuing to spur supply concern, but the gains were limited by bearish demand sentiment as the market awaits monthly reports from oil agencies. - 12/03/2024


Interconnector flows are strong this morning, providing 5 GW of supply to the U.K power stack, applying bearish pressure to day-ahead baseload contracts. - 12/03/2024


Recent withdrawals from storage from the UK market is instilling bullish sentiment in near-curve contracts, as an increase in injection demand is to be expected. - 12/03/2024


Wind-powered electricity output is forecasted to reach record levels in the coming weeks due to the arrival of spring in the Northern Hemisphere, adding to bearish sentiment to closer-dated seasonal contracts. - 12/03/2024


Restart dates for the Heysham 1-1, Heysham 1-2, and Hartlepool 2 nuclear reactors have been pushed further back, contributing to bullish sentiment in prompt contracts due to reduced online nuclear availability. - 12/03/2024


The U.K. is now scheduled to receive 6 LNG cargoes in March, adding bearish sentiment to near-curve contracts as supply fundamentals remain strong, providing opportunities to inject into storage increase. - 11/03/2024


Brent crude is trading sideways after concerns about slow demand in China is being cancelled out with continued geopolitical risks in the Middle East potentially affecting volumes of supply. - 11/03/2024


Temperatures are set to remain above seasonal levels, while wind generation is set to increase throughout the week, reducing gas-for-heating demand, adding bearish pressure to day-ahead gas prices. - 11/03/2024


The UK is continuing to increase its battery storage assets, adding a new 150MW unit, adding bearish sentiment to further dated contracts on widescale energy storage security improvements. - 11/03/2024


Hartlepool 2 is expected to be back online today, adding bearish sentiment to prompt baseload contracts as the U.K's nuclear capacity increases to 4.7 GW, improving the diversification of the UK power stack. - 11/03/2024


Wind generation is forecast to reduce over the weekend and into Monday reducing to 6GW, which is applying some bullish pressure to the day-ahead baseload contract on increased requirement for gas generation. - 08/03/2024


The UK is now scheduled to receive 4 LNG cargoes again over March. The additional cargo is set to arrive towards the end of the month, limiting any upside seen in the Apr-24 gas contract. - 08/03/2024


The Hartlepool 1 nuclear reactor has restarted today after an extended outage since early-January due to a faulty steam valve, returning a day ahead of schedule and limiting any bullish movement in the day-ahead power contract. - 08/03/2024


Fuel loading at Frances new Flamanville nuclear reactor has been delayed after repairs to the boiler failed inspection, meaning it might now miss its goal of being at 100% capacity by the end of 2024, applying some bullish pressure. - 08/03/2024


Brent crude rose slightly this morning, driven by growing demand in the US and China, while the US Federal Reserve also gave a positive signal on the possibility of cutting rates. - 08/03/2024


Wind generation output is forecast to see a further increase tomorrow to over 15GW, providing further bearish pressure to day-ahead baseload contracts, on the reduced requirement for gas generation. - 07/03/2024


The Panama Canal Authority have reported that if seasonal rains arrive in May, the canal plans to increase the number of cargoes being allowed to transit, which is offering downside potential to near-term gas contracts. - 07/03/2024


Total Norwegian piped exports to the UK opened 5mcm long compared to the previous day, limiting the upside seen in day-ahead gas contracts. - 07/03/2024


The UK is now scheduled to received 3 LNG cargoes in March, down 1 from yesterday which could result in some bullish pressure being applied to the near-curve on the UKs reduced ability to inject into gas storage. - 07/03/2024


Brent crude is trading sideways this morning caught between upbeat Chinese trade data and the US showing a smaller-than-expected rise in crude inventories. - 07/03/2024


The restart dates of the nuclear reactors at Heysham 1 and Hartlepool have now been pushed back further, adding bullish sentiment to prompt contracts, with the UKs limited online nuclear capacity continuing. - 06/03/2024


Wind generation output is forecast to see a sharp increase tomorrow to 11GW, providing some bearish pressure to day-ahead baseload contracts on the reduced requirement for gas generation. - 06/03/2024


The recent drawdown in UK gas storage and the month-on-month reduction in scheduled LNG cargoes is applying some bullish pressure to the near-curve on concerns over the UKs ability replenishing storage. - 06/03/2024


Total Norwegian piped exports to the UK are up 3mcm/d today to 94mcm/d, while the UK’s total LNG sendout is dropping down to 25mcm/d, providing some bearish pressure to the day-ahead gas contract and limiting upside. - 06/03/2024


Brent crude prices have rebounded slightly this morning after extended declines as signs of supply tightness amid cuts by major producers has eroded demand growth concerns in China and the US. - 06/03/2024


Wind generation output is forecast to drop off tomorrow, falling to 7GW. This is resulting in some bullish pressure being applied to the day-ahead baseload contract on an increased demand for gas-fired generation. - 05/03/2024


Total Norwegian piped exports to the UK remain flat today at 90mcm/d, while UK LNG nominated sendout has dropped off today, helping to apply some bearish sentiment to the day-ahead gas contract, limiting upside. - 05/03/2024


2024 is expected to become the warmest year on record, taking the title from 2023. Higher temperatures and increased demand for cooling could result in bullish pressure being applied to the front-summer contract. - 05/03/2024


Ofgem has recommended for the approval of two new European interconnectors, boosting future capacity and increasing long-term supply security, therefore possibly applying some bearish sentiment to further dated power contracts. - 05/03/2024


Brent crude fell slightly this morning as pledges from China to transform its economy and stuttering post-COVID growth has applied bearish pressure on concerns of slower consumption. - 05/03/2024


The restart dates of the Hartlepool 1 and Hartlepool 2 nuclear reactors have again been pushed back, meaning they are now expected to return on 7th and 9th March respectively, applying some bullish pressure to prompt contracts. - 04/03/2024


Wind generation output is forecast to increase tomorrow, approaching seasonal levels, which is providing some bearish sentiment to prompt baseload contract on reduced requirement for gas-fired generation. - 04/03/2024


Currently, the UK has gas storage levels at 75%, significantly higher than the same time in 2023. This surplus is contributing to a bearish sentiment on the near curve due to increased security of supply as the summer period approaches. - 04/03/2024


Near curve gas contracts could see some potential downside as a result of the UK now having 4 LNG cargoes confirmed for March, boosting the UK’s capacity to inject into storage. - 04/03/2024


Brent crude prices ticked up slightly this morning following the widely expected extension of voluntary output cuts by OPEC+ on Sunday, which is adding bullish sentiment to the market. - 04/03/2024


Maintenance at the Hartlepool 1 and Hartlepool 2 facility have been pushed back a day, providing some bullish sentiment to day-ahead power contracts on continued reduced online nuclear capacity. - 01/03/2024


Near curve gas contracts could see some potential downside as a result of the UK now having two LNG cargoes confirmed for March, boosting the UK’s capacity to inject into storage. - 01/03/2024


Total Norwegian flows are up as a result of Skarv returning to full capacity, however flows are still on reduced supply due to Troll going offline for unplanned maintenance, providing bullish sentiment to day-ahead gas contracts. - 01/03/2024


The Brent Crude benchmark has seen an increase as the market awaits OPEC+ decisions on supply agreements for the second quarter amid differing indicators for key consumers US and China. - 01/03/2024


Wind generation is continuing to drop off into today, applying some bullish pressure to day-ahead energy contracts on heightened demand. - 01/03/2024


The UK is now scheduled to receive 16 LNG cargoes in February and one in March, as the delivery date for a cargo was pushed forward, exerting bearish pressure on the near curve on quicker replenishment of storage. - 29/02/2024


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