The Haven Power market report keeps you up to date with energy market changes over the last 7 days.
Here’s a summary of the week:
- Wind output had a large influence over day-ahead prices during week 13
- Pumped storage hydro paid to consume electricity to ease system stress
- High solar output suppresses demand
- Bullish fuels boost seasonal contracts as the arrival of LNG cargoes to the UK helped to ease some concerns around gas levels.
This market report is particularly relevant if you’re buying electricity flexibly, or about to sign or renew a fixed electricity contract. Getting these decisions right can reduce your vulnerability to price-peaks in the wholesale market and save you money.
For the details – and our weekly analysis of day-ahead power, imbalance prices, renewable power, seasonal contracts and annual power – simply check out the Haven Power website for the full market report.
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