Weekly Price Update Report – Week 19 2019

weekly-energy-report

Latest Update

UK energy prices ended the week down overall. The Carbon and Oil price ended the week -2.56% and -1.80% when compared to the previous week though the Coal price gained. Demand from the domestic sector rose week-on-week but the higher consumption,  a result of less warmer weather, was more than met by healthier supplies from Norwegian gas flows and a much stronger LNG send-out.  By close of play on Friday (03rd May) the October-2019 annual contracts for electricity and gas closed lower -3.91% and -4.61% respectively: back to price points not seen since the beginning of April 2019 therefore at 1-month lows.

Want these numbers applied to your own contracts?

We publish these figures every week. If you want to know what they mean for your renewal, your budget or your hedge position, we will review where you stand and tell you honestly whether there is anything worth doing. No charge and no obligation.

Book a 15 minute callRequest a free review