Prompt British gas prices eased on ample supply on Friday morning, while curve gas contracts and prompt power climbed. Gas for delivery on Friday dipped to 51.75 pence per therm, down about 4.25 pence from the previous close, while contracts for weekend delivery fell a penny to 52.00 pence as increased flows from the North Sea left the system awash with gas. But baseload power for Monday traded at around 84 pounds per megawatt hour, with power supply margins looking tight for the start of next week, according to data from National Grid. But traders said power market trade was very thin. Winter 08 gas contracts were slightly firmer on Friday morning than at the close on Thursday at around 101.75 pence, while Winter 09 gas dipped 0.75 to 101.75 pence. Carbon emissions rights prices for December 2008 also fell, down 22 euro cents at 24.95 euros.
This post has been viewed 1569 times.Related posts...
- June 22, 2010 -- UK Business Energy Prices: (3)
A new survey carried out by the Economist Intelligence Unit has revealed that over 80% of British firms expect energy and fuel prices to rise sharply and almost 50% have great concern that the UK coul... - February 21, 2010 -- Identifying a Half Hour Meter: (0)
How to find out if you have a half hourly meter –
So how do you know if you have a half hour meter? It’s actually quite straight forward, and all you will need to find this out is a recent copy o... - February 10, 2010 -- UK Business Gas Prices: (0)
Business Gas Prices can be difficult to understand, as there are many different types of pricing structures available. You could simply ring around and obtain gas prices direct from suppliers, but it... - February 7, 2010 -- Oil Prices Back To $70 Range: (0)
Oil prices plunged in a busy trading session on Friday, triggering big losses across the commodities markets, as investors went back to buying into the US dollar. Crude oil prices did have a partial ... - February 5, 2010 -- CRC Business Lights: (1)
The era of the 'on-all-night' illuminated high street could end, the Environment Agency is predicting. The agency says new rules will force businesses to switch off lights and displays at night to mee... - February 3, 2010 -- Bglobal Smart Meter Deal: (3)
Bglobal Plc said it has signed a new agreement to supply and install smart meters for British Gas Business during 2010. The contract value is anticipated at more than £12 million. In addition, the com...
Commercial Gas:
RSS feed for comments on this post. TrackBack URI
Leave a comment