Eneco Energy Market News – 03/04/2020

April 3rd, 2020|

Energy costs: Short term gas and electric prices have plummeted by hitting 13 year lows across periods due to weakened demand, falling oil and carbon prices and windier and warmer weather forecasts. However, all forward periods after 2020 have been increasingly slightly due to a surge

Eneco Energy Market News – 19/03/2020

March 19th, 2020|

Energy costs: While short term gas and electricity prices have been buffeted up and down by the crash in oil prices and stock markets and changing weather conditions, longer term prices from Summer 2020 onwards have been largely stable bouncing around the 2008 lows reached in

Market Pulse Flash

March 9th, 2020|

UK forward gas and power prices largely shrugged off a collapse in oil prices (and financial markets) early Monday, with Summer ’20 UK gas and power discussed just 3.5% and 2.5% down on Friday’s closes respectively – despite losses of up

Eneco Energy Market News – 05/03/2020

March 6th, 2020|

Energy costs: Since mid-February, longer term prices have continued to bounce around a 13 year low but have not broken through due to the continued spread of Coronavirus slowing down economic activity and resulting slumps on oil and coal markets due to oversupply. While shorter term

Eneco Energy Market News – 18/02/2020

February 18th, 2020|

Energy costs: Early February took short term prices to 12 year lows due to falling demand related to Coronavirus and record level wind generation reducing gas demand for power generation. Meanwhile, the annuals markets diverged with Summer 2020 prices remaining low due to the above short

Eneco Energy Market News – 05/02/2020

February 5th, 2020|

Energy costs: In the second half of January mild temperatures, a slump in oil prices, healthy wind output and plentiful LNG deliveries all helped to drive both short and long term gas and electricity prices to 2016 lows. However, this morning revised forecasts of a short

Eneco Energy Market News – 17/01/2020

January 20th, 2020|

Energy costs: The market has been coming down over the last couple of weeks following the de-escalation between US and Iran, tumbling oil prices and high wind levels accompanied with above seasonal norm temperatures. The market is almost reaching 2016 lows but temperatures are expected to

Eneco Energy Market News – 06/01/2020

January 13th, 2020|

Energy costs: 2019 ended on a low and this continued into the beginning of 2020 once a formal agreement was made between Russia-Ukraine’s gas transit. The market graphs attached only cover up until the day before the US airstrikes in Iraq on 3rd January. However, prices

Eneco Energy Market News – 19/12/2019

December 19th, 2019|

Energy costs: Annuals and short term prices plunged to a 3 year low as Sterling strengthened post general election   and the hope of a transit deal between Russia and Ukraine. Price falls were reversed earlier this week as hopes of an agreement receded and Sterling fell

Eneco Energy Market News – 05/12/2019

December 5th, 2019|

Energy costs: Short term power and gas prices have reduced over the last fortnight mainly due to rising temperatures and wind levels and this looks to continue into the beginning of December. Longer term power prices have increase due to further French nuclear outages and longer