Gas market trends What’s been happening? In contrast to all other contracts, day-ahead gas prices fell 17.8% to average 51.0p/th The month-ahead (May) gas contract climbed 7.7% to average 49.7p/th. May 18 gas reached its highest price since February 2017 in the middle of April, hitting 52.2p/th Bullish growth...
Distribution Network Operators (DNOs), the companies that own the local wires and pylons that flow power to the majority of homes and businesses, are starting to trial a new suite of services to help them more actively manage their networks. These services, driven by a greater penetration of renewables...
The majority of power and gas contracts along the forward curve rose in April, with some reaching multi-year highs. Prices were broadly supported by a bullish commodity market which posted fresh highs for oil and carbon. Gas on the day-ahead market was an exception, dropping 17.8% to average 51.0p/th,...
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