This site uses cookies. You can read how we use them in our cookie policy. To remove this message Accept & Close.

EDW Technologoy
Phone us on:
+44 (0)8448 802 489

Energy Wholesale Market Review

Energy Wholesale Market Review Week Ending 28th March 2014

This week, power and gas prices fell across-the-board. Long-term contracts were lower following milder weather predictions for the coming months; annual April 14 power dropped 4% to a recorded low of £47.0/MWh and annual gas recorded an all-time low of 58.38p/t. Despite higher demand driven by colder temperatures, short-term contracts declined. Day-ahead power dropped 9.5% week-on-week as high coal burn and returning nuclear capacity offset falling wind output. Day-ahead gas fell to an 18-month low of 51.75p/th. The annual April 14 clean spark spread climbed 42% to £1.0/MWh as carbon prices fell faster than gas. The annual April 14 clean dark spread decreased 5.7% to £16.5/MWh as coal prices fell. Brent crude oil prices gained 0.5% to average $107.1/bl with indications that the US will place further sanctions on Russia. Carbon prices tumbled 8.1% to a weekly average of €5.6/t as surplus credits remained. EU emissions data saw a sharp fall in 2013, reducing demand for carbon permits.

Energy Wholesale Market Review Week Ending 28th March 2014.

Written By Graham Paul


EDW House
Radian Court
Milton Keynes
Tel: +44 (0)8448 802 489

Contact Us