Category Archives: Energy Market Risk Management

Energy Market Risk Analysis | mid January 2013

Mid January Marker Report

CO2 crash offsets gas and oil gains A collapse in the price of CO2 emissions allowances (EUAs) has counteracted the effect of firmer oil and gas markets on UK power prices over the last two weeks, leaving Annuals stable to marginally higher than where they were in mid-January. On the …

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Energy Market Risk Analysis | early January 2013

early January

Short-term surges; forwards flat All the price movement has been in the short-term market over the last fortnight, as cold weather and a gas supply squeeze – added to post-holiday demand kicking in – pushed Day-ahead prices £10/MWh, from £45/MWh to £55/MWh. Forward prices meanwhile have moved little since the …

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Energy Market Risk Analysis | mid December 2012

Mid December

In the weak mid-winter… UK gas and power prices ended 2012 on a downtrend – with most periods slipping back to early October levels as unseasonably mild weather reduced demand across western Europe. April ’13 Annual UK power, for example, slipped beneath £51/MWh (having been discussed as high as £55.3/MWh …

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Energy Market Risk Analysis | early December 2012

Early December

Long-term still in limbo Short-term UK power prices have risen and fallen – in the face of temperature swings and supply issues, while longer term prices have remained remarkably stable – despite some volatility in global energy markets. April ’13 Annual UK power, for example, had remained wedged between £51.5-52/MWh, …

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Energy Market Risk Analysis | mid November 2012

Mid November

Steady; market braces for more cold While different UK power periods have seen prices shuffle up and down to varying degrees over the last two weeks, the overriding trend has been one of price stability. Annual prices, for example, continue to hover in the price channel that has established itself …

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