Power prices continue higher today – DMR

Power prices have opened higher this morning, according to the daily market report, continuing the bullish run observed yesterday. Alex Guiot, Client Portfolio Manager on npower’s Optimisation desk said: “Power prices are firming on the latest Russian gas cut threat. March ’15 is currently trading at £42.10 per megawatt-hour (/MWh) that is one pound up […]

Warmer weather bumps up markets – DMR

The UK gas and power markets have “nudged” up higher this morning, according to the daily market report. The main factors are the warmer overnight temperature forecast, continued Euro-Sterling decline and Norway’s production returning, said Steven Walker, Client Portfolio Manager on npower’s Optimisation Desk. “Front month power is currently trading at £40.75/MWh up from £40.50/MWh […]

CCGT driving power today – DMR

  Most of today’s power is coming from Combined Cycle Gas Turbines (CCGT) in the UK according to the daily market report from npower. Tim Carter, Client Portfolio Manager on the Optimisation desk said: “Today there are no imports through IUK from France as their peak power margins are just 5GW this morning. CCGT is […]