Market Updates

Risk Management Team Market Update

Market Overview While prompt prices opened Monday above their previous week’s closes, they quickly softened thanks to strong wind generation and the scheduled return of the Aberthaw coal plant. With a similar sentiment running through its gas counterpart, March-15 shed almost £1/MWh and falling as low as £40.25/MWh. This movement was reflected in the rest… Read more »

Risk Management Team Market Update

Market Overview The spot product opened this week £1.50/MWh higher than its Friday settlement as EdF’s Dungeness B-21 Nuclear reactor fell off the grid again which combined with the cooler temperatures to lift demand. Tuesday’s session saw the bears return with the contract shedding close to 10% from Monday’s morning level and falling to £43.50/MWh,… Read more »