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The cautious optimism of last week has been replaced this week with the arrival of a sustained period of cooler weather that will increase demand and put pressure on already low storage levels.

The continued rise in Carbon is keeping upward pressure across the curve and with a couple of gas seasons hitting new highs and the remaining gas and power season all approaching previous highs there doesn’t seem many prospects of any sustained decline in the near term. However, as more information....

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Prices have continued to tick upwards last week thanks to the arrival of cold weather and subdued wind generation, both of which have led to gas storage being withdrawn.

Weather forecasts for the near-term future have also turned colder and concerns over the supply of Russian gas are putting continued upward pressure on prices. The only bearish driver now is the concern over the new Omicron Covid variant and the potential for this to lead to restrictions and a....

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Omicron storms the markets…

A wave of panic swept through the markets on Friday. The announcement of the emergence of a new variant, referred to as ‘Omicron’, with multiple mutations, apparently highly contagious and potentially resistant to existing vaccines, led to a sharp fall in the markets. The markets seem to be regaining some....

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The cautious optimism of last week has been replaced this week with the arrival of a sustained period of cooler weather that will increase demand and put pressure on already low storage levels.

The cautious optimism of last week has been replaced this week with the arrival of a sustained period of cooler weather that will increase demand and put pressure on already low storage levels.


Prices have continued to tick upwards last week thanks to the arrival of cold weather and subdued wind generation, both of which have led to gas storage being withdrawn.

Prices have continued to tick upwards last week thanks to the arrival of cold weather and subdued wind generation, both of which have led to gas storage being withdrawn.


Omicron storms the markets…

Omicron storms the markets…


Nearly a dozen more energy suppliers are on the verge of collapse…

Nearly a dozen more energy suppliers are on the verge of collapse…


A mixed bag this week for prices, with near term gas contracts for this Winter easing back following the Nord Stream 2 suspension, while near term power prices levelled off with some slight downward movement over the last couple of days.

A mixed bag this week for prices, with near term gas contracts for this Winter easing back following the Nord Stream 2 suspension, while near term power prices levelled off with some slight downward movement over the last couple of days.


Energy suppliers are rejecting new customers amid market crisis…

Energy suppliers are rejecting new customers amid market crisis…


After a few weeks of cautious optimism, yesterday’s Nord Stream 2 news has once again demonstrated that we will have significant price hikes this winter.

After a few weeks of cautious optimism, yesterday’s Nord Stream 2 news has once again demonstrated that we will have significant price hikes this winter.


Prices soar again after further setbacks with Nord Stream 2…

Prices soar again after further setbacks with Nord Stream 2…


European gas prices were mixed at the close of last week…

European gas prices were mixed at the close of last week…


The market has opened lower than it closed yesterday due to a pickup in Russian flows but is it enough?

The market has opened lower than it closed yesterday due to a pickup in Russian flows but is it enough?


Schools are telling pupils to wear warm clothes as they must limit their heating use in light of soaring gas prices.

Schools are telling pupils to wear warm clothes as they must limit their heating use in light of soaring gas prices.


All eyes are on Russian pipeline flows into Europe and as to whether increasing flows will lead to lower prices.

All eyes are on Russian pipeline flows into Europe and as to whether increasing flows will lead to lower prices.


What can brokers do to react to the UK Energy Crisis?

What can brokers do to react to the UK Energy Crisis?


No real change to the market today. It seems that the market is settling as Russia has pledged to pump more gas.

No real change to the market today. It seems that the market is settling as Russia has pledged to pump more gas.


Energy boss believes 20 more suppliers face bankruptcy over ‘£5billion’ price cap bill.

Energy boss believes 20 more suppliers face bankruptcy over ‘£5billion’ price cap bill.


Don’t count on a breakthrough at COP26.

Don’t count on a breakthrough at COP26.


Prices have risen with cooler temperatures, little wind and muted Russian flows.

Prices have risen with cooler temperatures, little wind and muted Russian flows.


COP26 – The UK and India join forces for a global solar grid project.

COP26 – The UK and India join forces for a global solar grid project.


A year late, but it’s finally here. COP26 has been billed as the most important COP ever.

A year late, but it’s finally here. COP26 has been billed as the most important COP ever.


The past week was a mixed bag for gas and power contracts.

The past week was a mixed bag for gas and power contracts.


National Grid has confirmed that the fire-struck IFA interconnector that rocked the energy market in Sept and was the start of all this volatility will not be fully operational until 2023.

National Grid has confirmed that the fire-struck IFA interconnector that rocked the energy market in Sept and was the start of all this volatility will not be fully operational until 2023.


The Energy market is seeing record highs. Since April 2020, the average wholesale price of electricity has increased by 287% per kWh.

The Energy market is seeing record highs. Since April 2020, the average wholesale price of electricity has increased by 287% per kWh.


Russia has failed to nominate much volume for November, none via Ukraine, this has sent a bullish signal to the market.

Russia has failed to nominate much volume for November, none via Ukraine, this has sent a bullish signal to the market.


Nord Stream 2 is not the answer to the current Gas crisis…

Nord Stream 2 is not the answer to the current Gas crisis…