Gas market trends What’s been happening? In December, day-ahead gas prices slipped 0.1% to average 64.3p/th, the third consecutive monthly decline The month-ahead (January) gas contract went down 4.0% to average 66.1p/th, ending the month at 61.2p/th Most seasonal gas contracts rose in December, up 1.1% on average Summer...
The Capacity Market (CM) is the UK government’s primary policy for ensuring that future electricity supply is secure. However, a recent EU court ruling led the scheme to be suspended and has raised questions about its future. How the CM works The CM was introduced in 2014 as part...
All wholesale power contracts rose in December while gas contracts experienced mixed movements. Power contracts for delivery in the near-term rose in December. Day-ahead power increased for the first time in three months, up 2.6% to average £64.0/MWh. The contract rose as consumption levels picked up, while times of...
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