Abstract
Introduction
The growing role of wholesale traded energy markets across Europe creates a
greater need for players throughout the value chain to be aware of the latest
market movements and developments. From the wellhead or power station gate to
the end-user, volatility in the spot and forward price of power and gas is
creating an increasingly challenging environment for all market participants.
Scope of this research
- An examination of the wholesale gas price trends in Europe' s three key
markets - the UK NBP, the Zeebrugge Hub and the Dutch TTF.
- An assessment of traded power prices in the UK, Belgian, Dutch, German and
French wholesale power markets
- A review of the past three month' s global oil markets: what' s driving the
price of oil and which fundamentals will determine the future
- Insight and analysis into the impact of wholesale markets on the wholesale
/ retail price interface
Research and analysis highlights
Crude oil prices continued their bullish recovery through Q2, rising at an
even faster rate than during Q1 and causing alarm amongst policy makers
European day ahead gas prices stabilised at a low level in Q2 and have not
displayed the same erratic upward trends as seen in oil over the same period
European month-ahead power prices have remained subdued but year-ahead has
firmed, indicating optimism for Europe' s long run economy
Key reasons to purchase this research
- Establish the current level of wholesale and retail energy prices and the
fundamental drivers behind movements in the traded value of gas and power
- Understand how wholesale pricing impacts different facets of the value
chain, identifying the potential to limit risk through hedging strategies
- Forecast future developments in the traded price of gas and power in order
to successfully take advantage of arbitrage opportunities
|