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👀 ❗ The latest Household Energy Price Index results for September are now available on our website! 🔹 This month, the average electricity end-user price across Europe saw a slight increase, though it remains 4% lower than last year. ✅ Notable changes: ⬆️ Helsinki 10% increase ⬇️ Prague 5% decrease 🔸 Natural gas prices marked a 1% rise across Europe, influenced by geopolitical developments and maintenance on Norwegian gas infrastructure, despite storage levels nearing full capacity ahead of the heating season. ⬆️ Athens recorded the highest natural gas price increase at 8%. Read the full analysis and subscribe to the #HEPI free newsletter. 📌 https://lnkd.in/e-rwYeD #hepi #energyprices #energybills

In the UK, temperatures are forecasted to average closer to seasonal norms as we enter July. This should reduce gas demand and increase supplies. Additionally, wind generation is predicted to be 20% above seasonal level, which should help keep prices stable. Current trends in the energy market indicate a rise in power contract prices due to decreased solar generation. Gas prices have also increased because of new unplanned outages in the Norwegian Shelf. However, weather conditions are expected to moderate these impacts. Given the current market conditions, it may be an ideal time for businesses to lock in energy rates for their next contracts before prices are expected to rise in October. Considering the unpredictable nature of the energy market, it is essential to factor in various influences such as weather, currency fluctuations, and changes in supply and demand. These insights aim to empower businesses to make well-informed decisions regarding their energy procurement and needs. If you are currently on out of contract rates, or your gas and electric contracts are coming up for renewal, please don't hesitate to get in touch with our team for free quotes and advice. #business #energy #power #markets #gas #electric #aireconnections Aire Connections Ltd

Efforts to stabilize the gas market by diversifying the sources and improving infrastructure have been made, but gas prices are still fluctuating. Let's have a look at the drivers behind recent gas price changes: 🌐 Europe has diversified its supply source and is now benefiting from a robust supply from the Nordics. 🔋 Europe’s significant storage capacity allows for the accumulation of gas during periods of low demand and its release during peak demand, helping to stabilize prices. 🌡️ Thanks to the mild weather conditions on the continent the heating demand reduced, meaning that there were lower storage withdrawals. This helped maintain stability in the gas market by guaranteeing adequate supply during periods of heightened demand. 🪁 Increased wind energy generation has helped diversify the energy mix in Europe, leading to a reduced demand for natural gas to produce electricity. 📈 Gas prices rose due to colder temperatures and reduced flows from Norway, while power prices reacted positively despite renewables dropping in today’s forecast. In addition, the month-ahead gas and power prices increased, while winter prices saw moderate gains. Remember, these insights are based on the latest data and trends. Stay informed: To make the right calls in a market full of simultaneous trends and unpredictable price developments, there is no way around having immediate access to thorough, real-time market data. Our solutions are designed to equip trading professionals with the edge they need to stay ahead. Want to stay ahead of the competition? Find the solution that fits your trading needs perfectly here: https://lnkd.in/eYTqvjXQ #algotrading #energymarket #energytradingsolutions

Significant aspects of European markets during the week of June 3:   Prices in most major European #electricitymarkets increased compared to the previous week. The exceptions were the #NordPool market of the Nordic countries and the #N2EX market of the United Kingdom.   On June 3 and 4, from 20:00 to 21:00, the #EPEXSPOT market of Germany reached prices above €200/MWh. On June 4, the price at that time, €235.52/MWh, was the highest since the end of November 2023.   Despite the increases in weekly averages, most markets registered negative prices for some hours during the week, especially on Sunday, June 9. The Belgian market registered the week's lowest hourly price, -€58.97/MWh, on Sunday, June 9, from 13:00 to 14:00.   #Wind energy production decreased across the board in the main European electricity markets compared to the previous week.   #Solar energy production increased compared to the previous week in the German, French and Italian markets.   On June 4, #photovoltaic energy registered the third highest production ever in Spain. In the first week of the month, Germany, Italy and Portugal registered the highest daily production for a June month in history.   Electricity #demand decreased in most major European electricity markets compared to the last week of May.   On Monday, June 3, #TTF #gas futures in the #ICE market for the Front- Month reached the highest settlement price since December 12, 2023, €36.01/MWh. Subsequently, prices started a downward trend that allowed the weekly average to be lower than the previous week.   #CO2 emission allowance futures in the #EEX market for the reference contract of December 2024 decreased compared to the previous week.   #Brent oil futures prices for the Front-Month in the ICE market declined compared to the previous week. On Tuesday, June 4, they reached the lowest settlement price since February 3, $77.52/bbl.   Our #forecasts indicate that prices in most major European electricity markets will decrease in the second week of June compared to those in the first week of the month, influenced by the increase in wind energy production in most markets and the decrease in demand in some cases.   https://lnkd.in/gEGPntx5

📊 Market Insight: Forward Curve Price Action 📊 As we navigate the ever-evolving energy markets, it’s essential to stay informed about price movements in gas and electricity contracts. The chart below illustrates the 12- and 24-month forward prices for gas (ppt) and electricity (£/MWh), highlighting some key trends in recent months: ⛽ 12m Gas has seen fluctuations, peaking in mid-August before gradually stabilising. ⛽ 24m Gas is showing a steady but slightly downward trend, offering opportunities for longer-term contracts. 💡 12m Electricity remains consistent, with a slight uptick toward the end of September. 💡 24m Electricity prices, while generally lower than 12m, show a stabilising pattern into October. Understanding these movements is key for businesses planning their procurement strategies. If you're managing energy contracts or exploring hedging options, now is the time to consider how these trends can impact your business decisions. 📈 Ready to discuss how this can affect your energy procurement? Let’s connect! 🔗 #EnergyMarkets #EnergyProcurement #ForwardCurve #GasPrices #PowerPrices #EnergyBroker #BusinessStrategy

The International Gas Union making the case that we are going to be needing a lot more global natural gas supplies. This seems to fit with what we discussed this week in London at Energy Trading Week by Commodities People Adrian Sookhan Kathryn Porter #naturalgas #energy #gassupply #energytradingweek

Significant aspects of European markets during the week of June 24:   Prices in most major European #electricitymarkets fell compared to the previous week. The exceptions were the Iberian #MIBEL market and the #EPEXSPOT market of Germany.   In the case of the German market, the weekly average increased due to the price of €2325.83/MWh reached from 6:00 to 7:00 on June 26, when the single European market decoupled. This price is the highest in the history of the German market.   #Solar energy production increased compared to the previous week in most major European electricity markets. However, it declined in the Iberian market.   On June 25, the German market registered an all-time #photovoltaic energy production record of 433 GWh.   In the case of the French market, on June 24, it registered the highest daily solar #photovoltaic energy production for a June month, at 122 GWh.   #Wind energy production increased in the German, Spanish and Italian markets compared to the previous week.   Electricity #demand increased in most major European electricity markets compared to the previous week.   #TTF #gas futures prices in the #ICE market for the Front‑Month ranged from €33.82/MWh on Wednesday, June 26, to €34.85/MWh on Tuesday, June 25.   Settlement prices of #CO2 emission allowance futures in the #EEX market for the reference contract of December2024 fell and remained below €68/t. The June 27 settlement price, €66.67/t, was the lowest since late April.   Settlement prices of #Brent #oil futures for the Front‑Month in the ICE market increased, remaining above $85/bbl. On Friday, June 28, they reached a settlement price of $86.41/bbl, which is the highest since early May.   Our #forecasts indicate that in the first week of July prices will rise again in most analyzed markets.   https://lnkd.in/gaGnT96U

Hands up, everyone interested in 12 and 24 month gas and electricity price forecasting? No? Thought so... :) Important though, especially for high consumption busineses... Directly affects the bread on the table, do energy costs... See below... Thats our job... We do the homework, so we can make informed recommendations to our clients. Then find them best rates from whole of market, including eight suppliers you can't deal with directly.. And who frequently offer best prices as a result.. Want to know more? It starts with a conversation... #bni #energy #utilities #cost #bniwarrington #savings #business

The current levels of investment in natural gas supply are insufficient. The historical trend of gas demand growth due to economic development and improved living standards in the developing world, together with new consumption trends and continued energy use growth in the developed world, are keeping the gas demand strong, while the producing capacity and infrastructure investments in gas are not keeping pace. The 2021-2024F gas consumption trendline on the chart below shows a growth rate of 0.7%, in contrast with the demand decline trend assumed in the IEA’s APS, NZE and Rystad Energy’s 1.5-degree scenarios. The longer 2014-2024F growth rate of 2.0% further departs from the IEA’s STEPS and Rystad Energy's 1.6-degree scenarios. If the more conservative trend of gas demand growth between 2021-2024F continues to 2030, and no new producing capacity is added, a gap in supply of around 927 Bcm (22%) is expected in 2030. When considering the trendline from 2014-2024F, this gap increases to around 1300 Bcm (29%) in 2030, showing the extent to which gas supply needs to be scaled up if imbalances between gas demand trajectory and investments in gas production and infrastructure are not tackled. Everything you need to know is in our 2024 Global Gas Report here: https://lnkd.in/ePHYv-zx #investment #naturalgas #naturalgassupply #naturalgasinvestment #gas #gasdemand #demandgrowth #economicdevelopment #livingstandards #developedeconomy #developingeconomy #consumptiontrend #energy #energyuse #energyconsumption #infrastructure #investments #infrastructureinvestments #gasinfrastructure #gasproduction #gassupply #netzero #igu #globalgasreport2024 #internationalgasunion

In the current context of low prices in the Spanish #ElectricityMarket, #electrointensive companies have a great opportunity. These companies, which consume large amounts of energy, play a key role in the economy, but are also exposed to significant #volatilities in energy costs. Implementing effective hedging strategies can be crucial to ensure financial stability and take advantage of current market conditions. Financial hedging allows companies to lock in electricity prices over the medium to long term, protecting against future increases and stabilising their operating costs. In a low price environment, #Hedging offers not only protection but also a competitive advantage by ensuring predictable and lower #EnergyCosts than competitors who do not use these strategies. Current electricity market prices have been influenced by a combination of factors, especially in Spain: high #rainfall and #wind, as well as low #ElectricityDemand. #Forecasts indicate that energy prices may rise significantly in the summer due to extreme heat, i.e. more electricity consumption and also less rainfall and wind. Companies should use advanced market analytics and predictive modelling tools to identify the best time to enter into hedging contracts. What can AleaSoft Energy Forecasting offer to electro-intensive and large consumption companies? Mid- and long-term electricity and gas market price curve #forecasting to make hedges for the coming months and years, as well as longer-term forecasts to manage the best conditions for a #PPA. A PPA with "guarantees of origin (#GdO)" not only is useful as a financial hedge but is also an opportunity to #decarbonise and offer clean and green production based on #RenewableEnergy. We are also offering our clients access to a PPA #Marketplace to facilitate agents to find the best price for sale and purchase. This strategic approach not only ensures cost advantages, but also prepares companies for future challenges in the energy market. https://lnkd.in/dWqF37bN