Energy and Utility Management Consultants

Wholesale Prices Update

January 2013

 

The wholesale market prices for electricity and natural gas have begun 2013 by falling from the prices of the end of last year. The climate weather and good storage levels of natural gas have contributed to the fall, as has the expected deliveries of LNG over the coming weeks. Brent crude oil prices have also remained steady, thanks largely to theUSunemployment figure which is curbing any likely increase in production there. With the weather being the main driver of natural gas prices at the moment – the forecast of a warmer than normal January is welcome indeed.

 

 

 

 

< Back to news