Power Market Update – 28th February 2020
Interesting week reflected in the UK power market. Wind and hydro generation has benefited highly from the relentless chain of storms. However there have been several reports of hydro assets unable to cope with the amount of debris washed down after a very dry end to...Power Market Update – 21st February 2020
Another week another named storm. This week sees the UK battered by Storm Dennis, bringing high winds and flooding to most of the country. Wind asset owners find the silver lining to Dennis’s clouds as wind output has been consistently high, averaging a huge 14.21GW...
Power Market Update – 14th February 2020
The beginning of the week saw almost 5000 homes still without power as Storm Ciara brought 97mph winds and 6 weeks of rain in 2 days. However, a positive for wind generation as it hit 42% over the weekend during the storm. Although there has been higher demand on grid...Power Market Update – 7th February 2020
The biggest news in the commodities market this week is LNG prices falling to a 10-year low driven by a reduction in demand from China as the coronavirus outbreak spreads. With China terminating LNG shipment contracts through force majeure and European inventories at...
