By popular demand please find attached this morning’s energy reports.
What Happened yesterday?
Well, yesterday’s market opened with the front of the curve up first thing in the morning, a revised weather forecast
predicted the next period to be much colder. This supported both the power and gas markets from next week
onwards. This was despite a comfortable power system.
In the afternoon, however, concerns emerged surrounding the global economic situation this led to oil and US
gas being heavily sold which in turn weighed on the UK markets resulting in the curve closing down.
Gas – Mixed bag – 2010 – Up – 2011 – Down
Electric – Again a mixed bag – Day a head – UP - 2011 – Down
Oil – UP
Interesting reading….
There will be more market info to follow later
Author Ben @ Power Solutions UK Chester



