European
spot gas prices were down while gas forwards increased. CO2 prices were up in
trading last week, while near termed coal prices fell
Oil, gas coal and Co2 prices softened last week despite widespread cold weather across Europe. Wholesale Electricity prices followed fuels
After the election outcome the majority of proposed energy projects like
Swansea Bay tidal power site now facing major delays/cancellation
On Wednesday morning, renewable energy generated more electricity
than fossil fuels for the first time ever, meeting 50.7% of total
demand
Renewable Partnerships has been judged to be the Regional Finalist for Ireland in the annual Telca Awards - category Best Small Consultancy
MPs “not confident it will be able to keep the lights on after 2021” because of a looming deficit in electricity supply. Brexit and I-SEM
MPs have warned that if the North of Ireland had to withdraw from I-SEM it would result in a smaller, less efficient electricity market
French election and a strong auction supported the carbon price wihich only fell to Euro 4.50/ton on Tue, a four month low
Oil prices continue to drop albeit that gas is encountering a European Cold-Snap inflationary phase for the short term
Limited Withdrawals from the GB Rough Storage facility has eased concerns of a late winter gas price rise. Levels continue to fall
Withdrawals frm UK Rough Capacity diminishing so further depressing prices beyond the winter-end seasonal deflation. Asian spot price lower
Gas prices continue to fall as winter is on the wane. Long range rough storage continues to face technical difficulties
Albeit that longer term technical issues remain with UK Gas Rough storage, injections of medium term eased worries of a late winter shortage
Despite prices beginning to slide back for the forward season concerns emerging on Rough Storage for Winter '17 constraining capacity
Carbon traded in a narrow range last week between Euro 5.03 and 5.44/ton - bullish pressure from cold weather f'cast but ample supply caps
Gas prices decreased last week as Winter is on the wane.UK front Quarter contract down 2.1p/th to 46.1 p/th. Asian Spot prices also fell
