Helping you make sense of the energy and water sectors


Energy Market Bulletin

Issue 05/11


Alex McGregor Analyst

Summary – Last week, wholesale power and gas, and commodity markets experienced downwards movements, with day-ahead gas and power contracts both hitting 11-week lows. Continued high LNG send-out, milder weather and falling commodity markets have pressured prices lower across the power and gas curves. In the coming week, we have a bearish outlook for wholesale gas and power prices. With milder temperatures forecast this week, gas demand for heating is expected to decrease. Continued high LNG send-out is expected into the middle of the November as further LNG cargoes are due to arrive at UK terminals this week. Although power ...

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