Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Month: April 2019

April Markets Update

Gas market trends What’s been happening? In March, day-ahead gas fell for the sixth consecutive month, down 16.5% to average 39.6p/th The month-ahead (April) gas contract dropped 15.3% to average 39.2p/th All seasonal gas contracts fell in March, decreasing 7.8% on average Summer 19 gas saw the biggest change,...

EC announces full Capacity Market investigation

The European Commission (EC) has announced that it is to carry out a full investigation of the GB Capacity Market (CM) in response to the European Court of Justice (ECJ) decision to annul the existing state aid approval. This is the latest in a series of developments that have...

Day-ahead gas and power lows

All wholesale power and gas contracts fell further in March as comfortable gas supplies continued and above seasonal normal temperatures eased gas and power demand. Day-ahead power declined 10.4% in March to average £45.0/MWh, with the contract ending the month at an 18-month low of £42.0/MWh. Prices followed the...