The Haven Power market report keeps you up to date with energy market changes over the last seven days.
Here’s a summary of the week:
• Report of tensions between the US and Iran send Brent Crude oil prices to four-year high
• Warm weather over the bank holiday weekend keeps demand low and day-ahead prices down
• Seasonal contracts move in line with wider fuel commodities
• Coal absent from fuel mix for a full 24 hours again during week 18
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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