Eneco Energy Market News – 21/09/2020

September 21st, 2020|Featured|

Energy costs: Long term energy prices have slipped slightly at the beginning of September but there has been an increase in short term energy prices due to a surge in emission prices, concerns over the French Nuclear supply and spikes in coal, carbon and oil.

Eneco Energy Market News – 04/09/2020

September 8th, 2020|Featured|

Energy costs: Both short and long term energy markets shot up over the past fortnight for multiple reasons. Hurricanes in the Gulf of Mexico shut down oil and gas production for a week, cooler temperatures in the UK boosted demand, wind output lows put pressure

Eneco Energy Market News – 19/08/2020

August 19th, 2020|Featured|

Energy costs: Market prices have bolstered up in the first half of August including short term gas prices rallying to 5 month highs due to low wind and nuclear output but continuing increasing demand in the country to the point we required the coal station

Eneco Energy Market News – 05/08/2020

August 5th, 2020|Featured|

Energy costs: Long term prices have slumped by 8% from mid-July but short term prices have been fluctuating and have reached 6 month highs due to changeable weather patterns and continued planned and unplanned outages. Expectations for the recovery of the economy are thought to

Eneco Energy Market News – 17/07/2020

July 17th, 2020|Featured|

Energy costs: Both long term prices have been unsteadily increasing over the first half of July and shot term power prices now reaching highest levels since mid-March but short term gas prices have actually been on a slight downtrend. With price increases seen in carbon,

Eneco Energy Market News – 08/07/2020

July 8th, 2020|Featured|

Energy costs: Both short and long term prices recovered some of the losses seen over the lockdown following the rebound in oil prices due to OPEC’s production cuts, limited LNG deliveries and increasing carbon costs as industrial output continued to rise. Although temperatures are set

Eneco Energy Market News – 18/06/2020

June 18th, 2020|Featured|

Energy costs: Short term prices have recovered some of their lockdown losses with falling temperatures and wind output, Norwegian gas outages combined with increasing demand. This has fed through to milder increases in seasonal prices stemmed by markets concerned by a second-wave of Covid-19. As

Eneco Energy Market News – 03/06/2020

June 3rd, 2020|Featured|

  Energy costs: Short term gas and electricity markets continued to take a battering over the last fortnight, with month ahead prices falling to a 22-year low due to expectations of continued reduced consumption and oversupply despite the gradual lifting of global lockdown measures. In turn,

Eneco Energy Market News – 19/05/2020

May 20th, 2020|Featured|

Energy costs: Short term markets have been buffeted by changeable weather conditions and wind output over the last fortnight and French nuclear outages, but largely continue to be dominated by diminished demand for gas and power (9% below seasonal norms, albeit up from 16% below during

Eneco Energy Market News – 05/05/2020

May 7th, 2020|Featured|

Energy costs: Short term energy markets (Day Ahead to September delivery) tracked the fortunes of oil over the last fortnight, crashing to all-time lows only to recover in recent days. While longer term markets (for delivery Winter 2020 onwards) more cautiously fell back to February 2020