Whilst the gas system has started the day long, we could see tightness in the electricity system today, with the drop in wind and temps forcing more gas onto the grid. #energymarkets
This morning has opened slightly up on yesterday's close but it's unlikely we’ll see the markets rally too hard from here. #energymarkets
This morning markets have opened slightly weaker in what can only be described as a lackluster start to the day. All eyes will be on what Rishi Sunak has to say in the budget this afternoon. #budgetday
Last week saw gas and power contracts drift mostly sideways in a week that saw Mar 21 contracts expire and Apr 21 take centre stage. https://www.brookgreensupply.com/insight/weekly-energy-market-update-01-03-2021
Gas markets reverse some of yesterday’s losses whilst carbon and oil trade lower.
#gasprices #EUAs #energymarkets #energymarketreport
This morning's opening was somewhat muted, but with gas, carbon and oil are all pointing upwards.
Planned and unplanned outages at Norwegian gas fields meant capacity was reduced, but with weather forecasts expected to be at seasonal normal or above, it doesn't seem to pose too much of a problem in the market.
#energymarketupdate #Norwegianouttages #gasprices
Gas and electricity were both weaker yesterday with much of the action focused on the front couple of months. This morning the market has opened stronger, helped by a strong opening in carbon pricing.
#energymarketupdate #carbonpricing #enerymarketreport
After initially trading higher yesterday, the market shrugged off concerns of colder weather forecasts in Japan and potential feed gas issues into US LNG plants.
#energymarketupdate #LNGcargoes #EUAprice
Gas and markets rallied yesterday as extreme cold weather in Texas curtailed some of the feedstock into LNG liquefaction plants prompting at least one LNG operator to call Force Majeure on cargoes.
#LNGCargoes #energymarketupdate #promptpower
After initially trading higher yesterday, prices fell later in the day, reflecting below seasonal-normal demand in the UK and the expectation of higher wind generation for the next couple of weeks.
Gas and electricity started the day trading lower yesterday across the forward curve, due to lower demand for both and an uptick in wind. #energy
The outlook for both gas and electricity over the coming weeks is now skewed to the bearish side. #energytrading
Last week saw gas markets soften particularly at the front of the curve as weather models found some common understanding that cold weather was due to come to a halt at the end of the week. https://www.brookgreensupply.com/insight/weekly-energy-market-update-15-02-2021
With temperatures forecast at well above seasonal norms for the next couple of weeks, the #gasmarket has continued its slide lower this morning.
Gas and electricity traded lower yesterday, thanks to higher #LNG send out and the forecast of a rise in temperatures next week.
Increased LNG send-out and warmer weather forecasts saw prices fall yesterday, in what was a relatively choppy day of trading. #energymarkets
Gas and electricity markets were more subdued this morning after two days of volatility. #energytrading
#Gas and #electricity rallied hard yesterday morning, but today is a completely different picture. #energytrading
See this weeks #energy market update - "Last week saw #carbon take the limelight as the #commodity rose a whopping €5.25/tonne" https://www.brookgreensupply.com/insight/weekly-energy-market-update-08-02-2021
#Gas and #electricity rallied on Friday, in anticipation of colder weather across Europe and growing energy demand this week and into next.
As forecasts increased their certainty around colder weather next week, prices traded higher over the course of the day yesterday - with both gas and electricity showing gains down the curve. #energy