20.03.2017

Utility Market Report March 2017

Market Insight and News

February saw further volatility in the market, with gas taking the brunt resulting in NBP D-Aprices seeing some significant increases at the beginning of the month to later recover back in line with the longer term curve.

NBP D-A prices finished the month down by 9% whilst on average the longer term curve also saw some marginal decreases.UK baseload prices remained fairly stable over the month edging downwards gradually as February progressed with S-17 prices seeing a decrease of 5% and W-17 1.1%. The weather has remained a contributing factor over the month with warmer weather towards the end of February impacting prices, helped by renewable generation output into the system easing any supply & demand issues.


NBP Gas Information

Feb – 17Mar-17Difference% Change
D-A48.9544.65-4.3-9%
S-1743.942.4-1.5-3%
W-1749.148.85-0.25-1%
S-1842.841.8-1-2%
W-1847.8547.90.050%
S-1942.4540.5-1.95 -5%
W-1947.4547.1-0.35-1%
S-2042.340.1-2.2-5%

UK Baseload Information

Feb-17Mar-17Difference% Change
S-1745.2542.8-2.45-5%
W-1748.547.4-1.1-2%
S-1840.7540.15-0.6-1%
W1844.6544.6500%

Current Oil Information

 Feb-17 Mar-17 Difference % Change
 ICE Brent 55.99 56.51 0.52 1%
 ICE Gasoil 493.25 495.5 2.25 0%

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