Here you will find guides, glossary & data sheets to help you along.
Electricity: There are several outages planned for nuclear plants in February, which could push short term prices up. RWE announced plans to cut the capacity of the proposed Triton Knoll offshore wind farm.
As the mild winter continues, power consumption has been significantly below expectations. This has impacted on projections for the summer’s demand, keeping prices down.
Gas: The Dutch government announces that it will be scaling back production at the Groningen gas field - Europe’s largest field- following tremors in the area.
A second well at the Rochelle gas field in the North sea is due to start production soon, bolstering North Sea outputs and reversing the decline in UK gas production since 2000.
Summary position:
Oil $107.43/barrel
Coal $86.25/MT
EUA 14 €4.88/TCO2
Gas 66.60/th Apr 14
Gas 66.15p/th Oct 14
Electricity £51.8/MWh Apr 14
Electricity £53.48/MWh Oct 14