Gas market trends What’s been happening? Day-ahead gas prices grew 17.8% to average 64.1p/th. On 1 March prices reached its highest level since at least 2008 (125.0p/th) The month-ahead (April) gas contract climbed 6.9% to average £49.8/MWh Bullish growth was observed across all seasonal gas contracts, rising 2.4% on...
As the records for low-carbon power generation have continued to fall – meeting over 50% of GB demand in 2017 according to the latest government figures – the successful decarbonisation of other sectors of the economy, driven by binding climate goals, has increasingly become a priority. In recent weeks...
Gains were observed across most power and gas contracts in March, with notable near-term growth as day-ahead gas reached its highest price since at least 2008. On 1 March day-ahead gas prices reached 125.0p/th, their highest level in at least 10 years. Early month gains were driven by National...
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