All the latest energy market insights and analysis from the expert team at Ignite Energy. We extract real meaning from data to help you keep track of the wholesale energy market and the changes that really matter. Energy market intelligence and data insights are core to Ignite’s innovative and proactive approach to energy management.
Our experts share the updates that matter in our global energy market feed.
Day-ahead gas and power contracts are pointing down this morning, with a sharp rise in wind output into tomorrow offsetting bullish signals from cooler temperatures and a extension to Heysham 2-7's outage. - 15/04/2025
UK gas futures are neutral this morning after staging a slight recovery yesterday afternoon spurred by Norwegian gas production issues which have since been addressed. - 15/04/2025
The trade war between the US and nations globally continues to develop as US-China relations sour further, but progress is being made between other large Asian economies and the EU, lending some support to futures. - 15/04/2025
UK and EU carbon prices have opened bullish this morning after closing yesterday marginally higher. This appears to be driven by a combination of weaker renewable output and positive tariff discussions. - 15/04/2025
The UK has secured another cargo for Apr-25 delivery, bringing the total to 7, as Asian spot LNG prices slump to a 1-year low amid trade war concerns, despite more optimism than last week. - 15/04/2025
Prompt gas and power are pointing up in morning trading, driven by a sharp decline in wind output into tomorrow. The expected return of the Heysham 2-7 nuclear reactor (615MW) and warmer temperatures limit upside. - 14/04/2025
UK gas futures are neutral-bullish this morning after trading in a mostly sideways fashion last week, with further downside limited by storage tightness and upside limited by recessionary concerns. - 14/04/2025
Equity markets in Europe and Asia have staged a slight recovery this morning. This eases some of the concerns around a recession and is lending some support to the wider energy complex. - 14/04/2025
Cloud cover forecasts for many regions in Europe have been revised up, limiting solar output. This could lend some support to day-ahead pricing for the next couple of weeks on tighter import availability. - 14/04/2025
Temperature forecasts for the UK for the remainder of April have been revised down from the last forecast, which could also contribute to higher day-ahead prices in the near-term. - 14/04/2025
The day-ahead gas contract is bullish this morning amid a forecasted drop in temperatures into Monday, though a continuation of strong Norwegian supply due to a lack of planned maintenance limits upside. - 11/04/2025
The prompt power contract is bearish amid a sharp increase in wind output into Monday, offsetting bullish pressure from declining solar output and cooler temperatures. - 11/04/2025
Gas futures opened bullish this morning but are now trading neutral as wider financial markets asses the recessionary impact of Trump's tariffs. A similar dynamic was seen yesterday, which ended up closing flat. - 11/04/2025
The UK/EU carbon and Brent crude benchmarks are diverging this morning, driven by movements in financial markets following Trump's temporary tariff reductions and China's reciprocal tariffs on the US, respectively. - 11/04/2025
Power futures are posting mixed price action this morning, characterised by large bid-offer spreads. Carbon contracts are supportive, but gas futures are offering unclear direction amid strong market volatility. - 11/04/2025
The day ahead power contract is neutral- bearish amid a slight increase in wind output into tomorrow, as well as warmer temperatures and increased solar output due to less cloud cover. - 10/04/2025
The prompt gas contract is up this morning despite improved supply from Norway and warmer temperatures as the rally in futures supports pricing on storage dynamics. - 10/04/2025
Trump has announced temporary reductions in tariffs for most countries, though a further increase to China tariffs. The result has is a rally in UK and European energy futures as recessionary concerns ease. - 10/04/2025
The benchmark UK and EU carbon contracts are rising in morning trading, in line with wider financial markets, adding to the bullish pressure being felt on UK and European power futures. - 10/04/2025
Oil prices fell to a four-year low yesterday after its worst 5 days of losses in 3 years, as the trade war between China and the US escalates. Tariffs suspensions have done little to impact the downwards momentum. - 10/04/2025
Day-ahead energy contracts are bearish, with temperatures forecast to warm into tomorrow and Norwegian maintenance coming to an end tomorrow, offsetting persistent low wind output. - 09/04/2025
UK gas futures and wider commodity markets are continuing to be dominated by a bearish trend, with Trump administration tariffs taking effect today, intensifying trade war concerns with Asia and Europe. - 09/04/2025
Adding to the bearish view for UK gas futures is pricing dynamics favouring storage injections in Europe for the start of the summer, particularly with no Norwegian maintenance until April and warmer temperatures. - 09/04/2025
Goldman Sachs’ estimate of a 70% probability for a Russia-Ukraine peace deal, combining with recessionary concerns and more positive storage dynamics to provide bearish signals to energy futures. - 09/04/2025
2027+ seasonal energy futures are bullish amid concerns surrounding the future of US LNG projects and concerns that the current trade war could impact the cost of raw materials critical for the energy transition. - 09/04/2025
Day ahead power is bearish today on the back of wind output increasing into tomorrow. Prompt gas is bullish amid increased reliance on gas storage, higher export demand and slightly cooler temperatures. - 08/04/2025
EU carbon prices are moving down this morning after reaching their lowest since 08-Oct 2024 off the back of Trump's tariffs, supporting bearish sentiment in the mid-to-long range energy futures. - 08/04/2025
Despite no further cargoes being secured by the UK for Apr-25, Chinese LNG buyers are looking to resell US cargoes as tariffs impact. Europe has been 70% of the resell volume, improving supply prospects. - 08/04/2025
Gas futures are down again this morning after yesterday's market volatility amid the rumours of a 90 day pause on tariffs that was later denied by the white house. - 08/04/2025
2026+ power contracts are moving to the upside amid bullish sentiment from supply concern as 60GW of fossil-fuelled capacity across Europe is at risk of being decommissioned early (in 2026) for being unviable. - 08/04/2025
Day-ahead energy contracts are bearish this morning amid forecasts of above-average warmer temperatures into tomorrow and easing Norwegian maintenance, though weak wind output is limiting downside. - 07/04/2025
UK gas futures, carbon prices and crude oil prices are continuing last week's bearish trend this morning as concerns deepen surrounding a global recession in the face of Trump's tariffs on Europe, Asia and others. - 07/04/2025
Signals that La Nina is transitioning to neutral continue to strengthen and current revisions to forecasts are indicating warmer weather for April, providing some bearish signals on reduced storage strain. - 07/04/2025
European storage has increased for the second consecutive week despite strong Norwegian maintenance taking place last week, a sign that we are transitioning out of the withdrawal period. - 07/04/2025
2027+ seasonal baseload contracts are rising in early trading, supported by concerns that a trade war between the US and EU could lead to a slowdown in the buildout of new renewable capacity. - 07/04/2025
The day ahead gas contracts is neutral-bearish today, with the significant Norwegian maintenance coming to an end this weekend, offsetting the decrease in wind output which is lending support to prompt baseload. - 04/04/2025
President Trump's tariffs have had a drastic effect on most trading markets, with the uncertainty of the repercussions reducing trading activity in wider financial markets, potentially limiting further price moves. - 04/04/2025
UK gas futures and Brent crude are pointing down this morning after a significant drop in yesterday's trading stimulated by concerns about a global recession and the drop in value of the Dollar. - 04/04/2025
An additional LNG cargo for Apr-25 delivery has been secured from Qatar, bringing the total to 6 and further adding to the overall bearish sentiment in the near curve. - 04/04/2025
Temperature forecasts to mid-April have been revised warmer for a second day in a row, potentially stimulating further bearish signals to 2025 energy contracts on reduced storage risk. - 04/04/2025
The day-ahead gas contract is bearish this morning, with temperatures forecasted to rise into tomorrow. Prompt baseload is making gains this morning on decreasing wind output. - 03/04/2025
UK gas futures are bearish after neutral-bearish trading yesterday, with revisions to temperature forecasts for the next few weeks showing warmer temperatures, reducing the likelihood of storage depletion. - 03/04/2025
Despite the pullback in gas futures, downside continues to be limited by ongoing concerns around RUS-UKR, with the Trump administration recently highlighting Russian unwillingness to cooperate as a key hurdle. - 03/04/2025
Trump has enforced aggressive tariff's, escalating trade war concerns with Asia and Europe, providing bearish signals to carbon and crude oil markets on the potential for stifled economic activity. - 03/04/2025
2026+ seasonal baseload futures are moving to the upside in morning trading, with the potential for reciprocal EU tariff's on the US to impact the cost of materials crucial for the energy transition, like steel. - 03/04/2025
Day ahead power is bearish today, with temperatures forecasted to rise into tomorrow and Torness 1 (595MW) returning a day early, offsetting upside from declining wind output. - 02/04/2025
UK gas futures are mixed-neutral this morning after climbing in yesterday's trading amid geopolitical risk from Russia's unwillingness to accept US ideas on Ukraine and cooler weather forecasts for Europe. - 02/04/2025
President Trump is set to announce new tariffs today, with concerns over stifled economic activity in Europe providing bearish signals to European equities and by extension carbon markets. - 02/04/2025
Europe could announce plans for further US LNG purchases to mitigate the tariff impact, sending mixed signals along the curve on better supply prospects but greater reliance on more costly LNG. - 02/04/2025
Gassco are expecting to increase their gas exports this summer potentially providing some bearish signals on improved prospects for filling storage this summer and reduced competition for LNG with Asia. - 02/04/2025
The day-ahead power contract are bearish this morning, with the return of the Heysham 1-1 (580MW) nuclear reactor and wind forecast to rise above seasonal norms into tomorrow. - 01/04/2025
The prompt gas contract is making gains this morning on the back of a start in heavy Norwegian maintenance tomorrow, with flows expected to drop a further 67 mcm/d to 82 mcm/d. - 01/04/2025
Gas futures are neutral to neutral-bullish after rising in yesterday's trading, driven by continued uncertainty surrounding RUS-UKR peace talks and signs of maintenance at a Qatari LNG facility. - 01/04/2025
The UK has secured another LNG cargo for April delivery, bringing the total to 5. This is in line with last year's volume and may provide a limit to the upside to gas futures on improved supply. - 01/04/2025
The benchmark UK and EU carbon contracts are moving to the upside this morning, retracing some of last week's gains on the back of positive sentiment around European equities. - 01/04/2025
Day ahead power prices are bearish on increasing wind output into tomorrow and Heysham 1-1 (585MW) coming back online after a restart. Downside is limited by IFA1 (1GW) going offline for maintenance. - 31/03/2025
The uncertainty around the ceasefire agreement between Russia and Ukraine is further reinforced by Trump's recent statement that he intends to impose secondary tariffs on Russian gas if no ceasefire is agreed. - 31/03/2025
The EU's ban on re-exporting Russian LNG via EU ports has come into effect, opening the EU to receive more Russian LNG that would've been sent to Asia, providing some bearish signals to gas futures. - 31/03/2025
Temperatures this week are forecast above seasonal normal levels, limiting strain on storage and potentially leaving capacity for further injections. This is limited by Norwegian gas outages. - 31/03/2025
Planned unavailability of Aasta Hansteen and Nyhamna will result in 82mcm/d going offline from 02-Apr to 06-Apr, and 28 mcm/d offline for the 07-Apr, lending support to gas prices. - 31/03/2025
UK gas futures are mostly neutral-bearish this morning, continuing to trade lower than the start of the week amid improvements to fundamentals despite uncertainty around RUS-UKR peace. - 28/03/2025
Revisions to 45d weather forecasts are providing bearish signals to near curve and 2025 seasonal gas contracts on warmer conditions for the start of April, limiting strain on gas storage. - 28/03/2025
The UK carbon benchmark is trading up this morning after pulling back in yesterday's trading. This is lending to support to seasonal power futures which are moving to the upside in morning trading. - 28/03/2025
Day-ahead baseload is strongly bullish this morning amid a sharp drop in wind output over the weekend. Prompt gas is also trading up, with warmer temperatures being offset by increased gas-fired demand. - 28/03/2025
The Heysham 1-1 (580MW) nuclear reactor has had it's outage shortened and should return today, however any downwards pressure to prompt is being offset by the Hartlepool 2 (595MW) reactor going offline. - 28/03/2025
Day-ahead baseload is pointing sharply down this morning on a sharp increase in wind output into tomorrow. Prompt gas is sideways, caught between cooling temperatures and reduced gas-fired demand. - 27/03/2025
UK gas futures are pointing up in morning trading after easing slightly during yesterday's session. Concerns around RUS-UKR peace remain supportive amid the quick breakdown in ceasefire arrangements. - 27/03/2025
Fundamentals continue to limit upside from geopolitical risk, with net storage injections occurring in Europe for the first time since Oct-24 and warmer weather forecasts for the start of April suggesting a continuation. - 27/03/2025
A planned outage was announced at Heysham 1-1 (580MW) on short notice which will see UK nuclear capacity drop to 72% from today until 01-April, limiting downside to day-ahead energy contracts. - 27/03/2025
The UK has secured 2 LNG cargoes for April delivery and the EU 18, marking a significant slow down in volumes seen through Q1-25. However, prices still support imports to Europe over Asia. - 27/03/2025
A strong recovery in wind output into tomorrow is providing some bearish signals to day-ahead baseload, however downside to prompt gas is limited by a further drop in Norwegian output and cooler temperatures. - 26/03/2025
For the first time since Oct-24, Europe has seen a week of net storage injections. The movement was limited but this is a positive sign for depleted European storage and contributed to yesterday's pullback. - 26/03/2025
UK gas futures are mostly bearish this morning amid warmer April forecasts, lessened strain on European storage and some improvements in RUS-UKR peace prospects, though uncertainty limits downside. - 26/03/2025
2026 and 2027 gas futures are bullish to neutral-bullish this morning, with the EU council seeming to support a continuation of mandated storage targets despite opposition from key European economies. - 26/03/2025
2027 gas futures are likely taking some direction from uncertainty in future LNG supply due to ongoing US tariff uncertainty. This is leading LNG supply agreements to be limited to the short-term. - 26/03/2025
Day-ahead energy contracts are neutral-bearish this morning, with slightly warmer temperatures and firm interconnector flows mitigating a further decline in wind output into tomorrow. - 25/03/2025
The UK carbon benchmark is pointing down in morning trading, pulling back after the recent rally. Fundamentals are supportive, but the strong gains seen recently are likely encouraging some profit taking. - 25/03/2025
UK gas futures are bearish this morning, declining for a second day after last week's rallies. Warmer temperature forecasts and firm LNG supply are contributing to the bearish direction. - 25/03/2025
UK and European LNG supply remains firm amid weak demand from Asia, particularly China, and strong US output. Chinese imports are down 22% year-on-year in Q1-25, whilst US output is at record levels. - 25/03/2025
Ukraine and the US are meeting in Riyadh today to continue peace talks after Russia and the US met yesterday. Details of yesterday's talks won't be released yet according to a Kremlin spokesperson. - 25/03/2025
The return of the Heysham 1-1 (580MW) and Hartlepool 2 (595MW) nuclear reactors have boosted UK capacity to 81%, offering some bearish pressure to prompt contracts on reduced demand for gas-fired generation. - 24/03/2025
Near-curve and closer-dated seasonal contracts are bearish this morning, retracing some of Friday's gains, amid ongoing talks between the US and Russia in Saudi Arabia to advance ceasefire efforts in Ukraine. - 24/03/2025
Weak wind output into tomorrow is limiting downside to day-ahead baseload contracts on increased gas-for-power demand. Meanwhile warmer temperatures are reducing household heating demand. - 24/03/2025
Storage concerns persist with NWE levels at 26% full, down 31% from last year, while Ukraine's storage hits record lows. This is limiting downside along the curve amid ongoing market tightness. - 24/03/2025
Asian spot LNG prices remain near a three-month low due to ample supply, milder weather, and strong demand for contracted LNG, reducing competition for EU buyers as they seek to avoid high spot prices. - 24/03/2025
UK and European energy futures are rallying this morning on news of an attack on the Sudzha gas pipeline. This has reaffirmed the bullish trend stemming from concerns over RUS-UKR peace. - 21/03/2025
A revisions to 45d temperature forecasts is providing some support this morning, with late March and into April forecasted colder. This is likely to place further strain on already weak European gas storage. - 21/03/2025
Feedgas into US LNG terminals is being maintained at the highest levels in 5 years, a positive signal for supply that could help to limit some of the upside from geopolitical and storage concerns. - 21/03/2025
The Hartlepool 2 nuclear reactor (595MW) is due to return to service today, after being extended from 19-Mar, which could mitigate some of the reduction in wind output into next week. - 21/03/2025
Day-ahead energy contracts are pointing up this morning, with wind sharply so, driven by a large drop in wind output over the weekend combined with cooler temperatures. - 21/03/2025
A sharp climb in wind generation and a further rise in temperatures into tomorrow is providing some bearish pressure to day-ahead energy contracts on reduced gas-for-power and heating demand. - 20/03/2025
The UK has secured another 2 cargoes for Mar-25 delivery, bringing the total to 22. If all are delivered, this would see Q1-25 deliveries up 120% on Q1-24 levels, a strong supply improvement. - 20/03/2025
UK gas futures are mostly neutral-bullish this morning after climbing strongly in yesterday's trading on the back of the limited ceasefire between Russia and Ukraine. This remains supportive into today. - 20/03/2025
UK and EU carbon markets are trading sideways this morning after climbing again in yesterday's trading. This continues to lend support to UK baseload, adding to the bullish pressure from gas. - 20/03/2025
The conflict in the Middle East between Israel and Hamas has resumed, with few signs of abating in the near-term, adding to the geopolitical risk already being priced into markets from RUS-UKR. - 20/03/2025
Trump and Putin's talks yesterday have reignited concerns that a peace arrangement between Russia and Ukraine may be difficult to achieve, providing bullish signals across the curve to UK energy. - 19/03/2025
Temperature and wind forecasts for the end of March and start of April have worsened, providing some support to near curve and 2025 seasonal gas contracts on the potential for further strain on storage. - 19/03/2025
The day-ahead gas contract is pointing up this morning, taking direction from 18 mcm/d drop in Norwegian gas flows today and developments impacting futures, despite warming temperatures. - 19/03/2025
The benchmark UK and EU carbon contracts are moving up this morning, driven by a rally in gas pricing. This has offset any potential bearish signals from UK ETS auctions today. - 19/03/2025
Two additional LNG cargoes have been secured for Mar-25, bringing the total to 20, whilst 2 are scheduled for Apr-25. A shift to parity with Asian pricing is making Europe an attractive destination. - 19/03/2025
Day-ahead gas is receiving bearish signals from warming temperatures, but a sharp drop in wind generation is limiting downside whilst also providing strong support to prompt baseload pricing. - 18/03/2025
At Ignite Energy, we access real-time energy market information so you can stay up to date with the trends. We track all tradable commodities including:
We also follow other relevant areas closely, including freight, macroeconomics, equities, and global politics to make sure we stay ahead of the curve.
Ignite’s experts carry out energy market analysis and collate the data in an easily digestible format for you. This data helps you understand what’s important in the financial and commodity markets.
Our data-lead insights combined with our proactive and innovative approach to energy management drive real change in large businesses. We provide your business with a competitive edge, helping you achieve your energy goals with an ROI-focussed approach and unrivalled levels of service. Our experts are available now to help you learn more.
