Blog

State of the Energy Market – 20th May 2022

Daily Updates Friday, 20th May has been crunch day for whether the next batch of European companies would be paying Russia in roubles for gas. In what has turned out to be a welcomed anti-climax, a silent comprise of sorts...

State of the Energy Market – 19th May 2022

Daily Updates Despite the ongoing war between Ukraine and Russia raising fears about Europe's energy security, the gas and electricity markets have eased again on Thursday 19th May, with the UK benefiting from above-average temperatures and plentiful LNG and Norwegian...

State of the Energy Market – 10th May 2022

Daily Updates Wholesale prices are continuing to soften as warm weather and plentiful supplies overwhelm political risk related to Russian supply and commodity sanctions. Demand is projected to fall this week, with warmer and windier weather on the way and...

State of the Energy Market – 28th April 2022

Daily Updates A very interesting day of trading has seen prices fall across the board on Wednesday, 28th April. Amidst the backdrop of Russia turning off the gas taps to Poland and Bulgaria, sharp increases to prices are expected, however...

State of the Energy Market – 26th April 2022

Daily Updates Tuesday's (27th April) prices have been dominated by the news that Russia had turned off the gas taps to Poland and Bulgaria for failing to make payments in rubles as per the instructions that Russia had released a...

State of the Energy Market – 25th April 2022

Daily Updates Monday's (25th April) forward contracts have traded lower, down 5% on average from the previous day's closing. The system continues to be well supplied with LNG, with 26 cargoes delivered so far this month and four more expected...

State of the Energy Market – 19th April 2022

Daily Updates We have seen a drop in wholesale energy prices on Tuesday, 19th April which can be attributed in part to confidence about Russia's willingness to modify its roubles demand. While near-term electricity prices continued to fall, gas prices...

State of the Energy Market – 14th April 2022

Daily Updates Both gas and electricity costs were largely stable on 13th April, but began to rise in the afternoon. Despite the drop in the amount of Russian gas flowing via the Ukrainian pipeline, which has remained unchanged since the...

State of the Energy Market – 13th April 2022

Daily Updates Both gas and electricity costs were largely stable on 13th April, but began to rise in the afternoon. Despite the drop in the amount of Russian gas flowing via the Ukrainian pipeline, which has remained unchanged since the...

State of the Energy Market – 12th April 2022

Daily Updates A reduction in the amount of Russian gas coming through the Ukrainian pipeline to Europe was observed on 12th April, meaning 21% down on the previous day, and concern over whether Russia had recently carried out a chemical...