Energy and Utility Management Consultants

Wholesale Market Price Update

September 2013


After a brief dip in wholesale prices, the electricity and gas markets have returned to similar levels as seen in early August. Oil prices rose by 6% in the last few days of August in light of the escalating situation in Syria, but the gas market has largely decoupled and only saw an increase of 1% in the same period. The threat of a US military strike is currently on hold, which has steadied the oil market in the past week. Gas prices have been the main driver of the electricity market, which has also been influenced by an increase in wind generation and falling coal prices.





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