Y report
Temperatures have been above seasonal normal levels this week, which is likely to lead to a decrease in demand and a fall in day-ahead prices. An LNG cargo set to arrive at the Isle of Grain in the middle of the week will provide some much-needed support to the gas system as storage levels are currently lower than they […]
Inenco brings you the weekly Y Report. A personal update of the world of energy.
Temperatures rising above seasonal norms this week have seen demand fall. This warmer spell is set to last until the end of February, according to Inenco’s Y Report. In terms of power generation, wind is currently strong at around 8GW. This is providing support to supply margins, meaning the system has to rely less on more costly thermal generation. Elections in the Netherlands and France […]
Inenco brings you the weekly Y Report. A personal update of the world of energy.
Falling temperatures are driving demand, especially in domestic heating. This is expected to continue until at least mid-March, according to Inenco’s Y Report. The ongoing legal dispute regarding the Opal gas pipeline between Russia and Central/Eastern Europe is also driving prices. It has raised serious questions about the security of supply in the region which could have knock-on effects across […]
Inenco brings you the weekly Y Report. A personal update of the world of energy.
The main driver for energy markets over the next few weeks is temperature rising above normal seasonal levels. Rough Storage has had limited capacity for the whole of this winter period and mid-range storage levels are also starting to be depleted due to the recent cold snap, according to Inenco’s Y Report. A series of planned and unplanned nuclear outages have […]
Inenco brings you the weekly Y Report. A personal update of the world of energy.
Inenco brings you the weekly Y Report. A personal update of the world of energy.
Below seasonal temperatures are having an effect on demand this week. This is compounded by ongoing issues with Rough Storage, according to Inenco’s Y Report. Ongoing pound and euro volatility, as well as the Supreme Court’s decision to take the Brexit vote to Parliament, has also been an important driver in the energy market. The low temperatures currently being […]