The wholesale energy complex is ever-evolving, and fundamentals have changed drastically over the past year with weather, LNG supply, Brexit and COVID-19 at the forefront of the market. The winter 2021 power price reached down to £42/MWh in March 2020, however recently broke a new high of over £70/MWh.
As we entered this winter there were many uncertainties ahead, even more so than normal with weather, LNG supply, Brexit and COVID-19 at the forefront of the market. These uncertainties have certainly not disappointed with high volatility seen over the past few months.
Will the UK electricity landscape ever return to ‘normal’? Since the first lockdown was introduced on 23 March 2020, electricity demand in the UK has fallen by an enormous amount.
Find out what’s influencing gas supply, power prices and what you should watch out for in the new daily market report on the energy market from the optimisation desk at npower. The npower Optimisation Desk team uses technical terms when it is presenting the latest energy market news. For clarification of any terms, please click here […]
Good supply availability and falling seasonal demand has seen today’s markets open slightly lower according to the daily market report. Steven Walker, Client Portfolio Manager on npower’s Optimisation Desk added: “Last week’s volatility as a result of Dutch gas production cuts has continued into this week.” March ‘15 base load is trading at £1.50 megawatt […]
Sumit Bose talks to Magali Hodgson, Product and Services Optimisation Manager at npower about how the markets have been behaving over the winter months. Magali also takes a look forward to what will happen this spring.
What was the only commodity which was bearish last week? What happened to power prices? Magali Hodgson, npower’s Optimisation Desk Manager talks us through what happened to power prices and where we can expect them to go.
Want to know what’s happeing to power prices? npower’s experts give you the low down on the energy market.
Check out the latest power market news with npower’s Magali Hodgson, including what happened to prices after Norway’s oil strike came to an end this week.
JPMorgan Chase & Co is being investigated by the US energy watchdog about whether it manipulated power markets in some parts of the USA in 2011. The US bank is said to have received two subpoenas from the Federal Energy Regulatory Commission (FERC) asking for several emails as part of the investigation. The FERC is […]