Energy Market Risk Analysis | Early January 2017

Market piles on the Xmas pounds

UK power prices, across all periods, ended 2016 on a strong uptrend ─ as colder weather and a bullish gas market drove levels higher. A weaker pound also contributed, amplifying the influence of gains on oil, coal and Continental electricity markets.

2016 ends on a rally

UK gas prices continued to rally as 2016 ended, boosted by colder weather forecasts, storage fears, production hiccups, a continuing dearth of LNG arrivals, a stronger oil market and increased generator demand in the face of a drop in wind power output.

Energy price shift between 18 December 2016 and 29 December 2016

Elec: +7.09%

Gas: +6.97%

Coal: +2.93%

Oil: +4.71%

Are you interested in receiving regular market reports?

This was just an excerpt. Check the full report sample and REQUEST A CALLBACK or call Nationwide Utilities Energy Brokers on 0800 862 0861 to request our bi-monthly email newsletter containing valuable, detailed and up-to-date information on energy price fluctuations.

Share/Bookmark this post
This entry was posted in Energy Market Risk Management and tagged , , , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

*


− 3 = four

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>