Abstract
Overview
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
- 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.
- Insight and analysis into the impact of wholesale markets on the wholesale
/ retail price interface.
Highlights
The Dutch TTF spread is narrowing as the NBP' s premium value is eroded over
time.
Oil prices saw a meteoritic rise as geopolitics skewed the fundamentals.
Near-end baseload prices dipped in May due to bearish power trading on the
Month-Ahead contract.
Reasons to Purchase
- 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