- July 31st, 2017
European prompt power prices up on tight wind supply, higher use
European spot power prices rose on Monday as lower wind power supply forecasts coincided with rising temperatures which triggered more air conditioning demand. ›
European spot power prices rose on Monday as lower wind power supply forecasts coincided with rising temperatures which triggered more air conditioning demand. ›
Near-term UK wholesale natural gas prices edged higher in early trade with the increased scope of works at Kollsnes supporting the NBP prompt in early trading exchanges. ›
Germany’s power price for Monday rose in the European wholesale market on Friday on forecasts for lower output from wind turbines while slack demand offset some of the price gains. ›
British wholesale gas prices rose slightly on Friday morning on expectations of tighter supply next week. ›
Oil prices edged lower on Friday but were still near eight-week highs, buoyed by a decline in U.S. inventories and OPEC’s ongoing efforts to curb production. ›
European spot electricity prices for next day delivery fell on Thursday pressured by increased production from wind, solar and thermal generation, while demand is expected to declined ahead of the weekend. ›
British wholesale gas prices fell on Thursday as supplies from Norway and domestic fields rose. ›
Oil held gains above $48 a barrel as government data showed U.S. crude stockpiles shrank to the lowest level since the start of the year, easing a global glut. ›
British wholesale gas prices rose on Wednesday morning as maintenance curbed imports from Norway and domestic supplies of gas, leaving the British gas system undersupplied. ›
European spot electricity prices were narrowly mixed on Wednesday with Germany’s flat and France’s down amid signs that thermal supply will more than cancel out lower wind power. ›