Energy Market Risk Analysis| Early May 2016

Rise & Fall: on mixed coal plant news

Annual UK power prices rose for most of the last fortnight, gaining as much as 3.5% at one stage ─ shored up by the actual and imminent closure of a cluster of coal-fired power stations, but they were knocked lower at the end-of the month as it was announced that part of one of the power stations earmarked for closure, Fiddler’s Ferry, is to remain operational for at least another year.

Annuals edge higher

Annual UK gas prices are stable to marginally higher over the last fortnight, shored up by a slight tightening of the LNG supply outlook and expectations of increased gas burn among generators amid the shutdown of several coal-fired power stations.

April ’16 Annual went off the board at 30.5 p/th while October ’16 Annual edged up towards 32 p/th before chipping back a third of a penny. A stay of execution on the closure of one coal-fired power plant at the end of March helped apply some limited pressure.

Energy price shift between 17 March 2016 and 03 April 2016

Elec: -0.71%

Gas: +2.39%

Coal: +1.53%

Oil: -1.68%

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Your email address will not be published.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 *


6 + = eleven

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>