Posts Tagged ‘business power’
Daily Energy Report
July 22nd, 2010 | 
Author: Market Overview
Yesterday was once again characterised by losses in both the gas and the power markets. Gas slipped throughout the day as increased LNG and lower demand weighed on prices. The greatest losses in power were seen in the front month with August trading £0.90/MWh lower on the day. Further out there was a slight recovery at the close with the curve closing £0.35/MWh down. Coal and carbon were both well down on the day which may have accelerated power losses and led to narrower spark spreads.
Oil $75.42 per barrel 1year ahead forecast $88
Indicative market prices are as follows:
Within-day prices up 0.75p/th @ 41.75p/th
Day Ahead prices up 0.67p/th @ 41.75p/th
Aug-10 prices up 0.10p/th @ 40.00p/th
Sep-10 prices unchanged @ 39.25p/th
Winter 10 prices down 0.18p/th @ 47.80p/th
Summer 11 prices unchanged @ 45.25p/th
supplied by senior energy broker to Pink business electricity
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