Blog

UK Gas & Power: Prices Ease on Ample Storage and Rising Wind (July 9th - 15th)

VP Trading, Fanos Shiamishis, reports on energy market activity, covering the period 9th July – 15th July 2024. On our end-of-day pricing tool, The Source, we published an in-week high of £84.47/MWh for the Winter-24 seasonal power price on 9th July. In this blog, Fanos shares the market news and updates from the last week. 

The UK gas and power market witnessed a predominantly bearish trend last week. Prices started lower on Tuesday, with both near-term and forward positions losing value. ...

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UK Gas & Power: Mixed Signals Amidst Ample Storage and Rising Wind (July 2nd - 8th)

UK Gas & Power Market Summary (July 2nd - 8th): Market volatility persists! This week saw mixed signals with prices initially flat, then declining due to ample storage and rising wind generation. Hurricane Beryl concerns caused a brief uptick, but overall, the market finds balance. Read for a full breakdown! #UKgas #energymarket

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Energy Manifesto Analysis: What It Means for Renewable Generators and Corporates on a Net Zero Journey

An analysis of UK party energy policies focused on renewable generators and corporates on a net zero journey. Understand the implications of Labour, Conservative, and Liberal Democrat proposals on your energy strategy.

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Celebrating Pride Month: The Power of Allyship

As pride month has come to an end, Claudia McIntosh, Diversity, Equity, and Inclusion Manager, reflects on the power of allyship in the workplace to foster an open and inclusive working environment.

What does it mean to be an ally?

Allyship is vital for fostering diversity, equity, and inclusion. To be an effective ally, we must actively support and advocate for colleagues in the workplace who are part of the LGTBQ+ community, or any other minoritised group. This involves recognising and...

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UK Gas & Power: Bullish Bounce Followed by Sideways Trading

VP Trading, Fanos Shiamishis, reports on energy market activity, covering the period 25th June – 1st July 2024. On our end-of-day pricing tool, The Source, we published an in-week high of £89.48/MWh for the Winter-24 seasonal power price on 25th June. In this blog, Fanos shares the market news and updates from the last week. 

Last week started with a bearish outlook for the UK gas and power market. However, the sentiment shifted dramatically by midday on Tuesday, with buying interest across...

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Contracts for Difference Scheme: An Allocation Round 6 Overview

As the sixth allocation round (AR6) of the Contracts for Difference (CfD) scheme is now well underway, stay switched on to the latest updates with an overview of the auction timelines, budgets and pots.

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UK Gas & Power: Geopolitical Uncertainty, Unplanned Outages Keep Market on Edge

Head of Sales Trading, Jean-Philippe Marty, reports on energy market activity, covering the period 18th June – 24th June 2024. On our end-of-day pricing tool, The Source, we published an in-week high of £89.21/MWh for the Winter-24 seasonal power price on 20th June. In this blog, JP shares the market news and updates from the last week. 

Last Tuesday opened with a mixed picture for European gas prices. While gains were registered across power and gas contracts, driven by strength in the UK...

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UK Gas & Power: Lingering Outages, Weather Swings Drive Volatility Across European Energy

Head of Sales Trading, Jean-Philippe Marty, reports on energy market activity, covering the period 11th June – 17th June 2024. On our end-of-day pricing tool, The Source, we published an in-week high of £89.88/MWh for the Winter-24 seasonal power price on 13th June. In this blog, JP shares the market news and updates from the last week. 

European gas prices were jolted higher on Tuesday as unplanned outages hit supply. The Visund gas field in Norway was reported down 15.4mcm/d while the...

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UK Gas & Power: Shifting Norwegian Supply Picture Keeps European Energy on the Move

VP Trading, Fanos Shiamishis, reports on energy market activity, covering the period 4th June – 11th June 2024. On our end-of-day pricing tool, The Source, we published an in-week high of £90.11/MWh for the Winter-24 seasonal power price on 4th June. In this blog, Fanos shares the market news and updates from the last week. 

Tuesday saw prices decline across energy products. The UK gas system was oversupplied in the morning as the Norwegian Nyhamna outage was expected to last less time than...

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UK Gas & Power: Comfortable Fundamentals Settle Outage and Supply Concerns

VP Trading, Fanos Shiamishis, reports on energy market activity, covering the period 28th May – 3rd June 2024. On our end-of-day pricing tool, The Source, we published an in-week high of £93.88/MWh for the Winter-24 seasonal power price on 3rd June. In this blog, Fanos shares the market news and updates from the last week. 

Last Tuesday, European gas prices started the week lower as traders took profit from recent gains and forecasted temperatures remained above average for the next two...

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