Q4 financial results released in the last month confirmed that for many utilities, gas has become the primary fuel for generating power. In this podcast, ICIS journalists Ben Lee and William Peck discuss fuel switching trends over the last few months and whether gas will still be dominant in the generation mix going forward.
UK energy markets recently broke the 200-day moving average, while the key technical level acted as a support for contracts in the French and German power markets. ICIS journalists Ben Lee, Riccardo Patrian and Thomas Rodgers discuss the significance of the technical indicator and what it could mean for prices going forward.
High French nuclear power availability may imply further downside for April power prices. ICIS looks at why traders expect availability to be revised downwards, and whether they in fact are wrong to do so.
The Netherlands is due to hold presidential elections on 15 March and the new government will most likely reform the Dutch electricity sector as some decisions are currently halted until after the election. ICIS experts Jamie Stewart and Matthew Jones discuss the potential outcome and market impact.
Britain’s largest natural gas storage site, Rough, could now be offline until April 2018 after operator Centrica Storage said it would not look to offer any capacity. ICIS experts Ben Lee and Thomas Rodgers discuss the long-term prospects for Rough and what this could mean for gas prices.
Output cuts from oil producers have been swift following a deal last November to reduce production by 1.2m barrels per day, but have crude prices seen the boost that was expected? Crude oil experts Sophie Udubasceanu and Julien Mathonniere discuss the outlook for the global oil market, alongside comments from London’s major oil event IP Week, which took place last week.
The Day-ahead and front-month natural gas contracts at Germany’s GASPOOL hub have held an unusual discount to the Dutch TTF this winter, but the spread has been pared back in recent weeks. ICIS experts Ben Lee and Jake Horslen discuss the reasons behind this winter’s GASPOOL discount and why the spread has been falling in February.
A number of nuclear power units in central and southeast Europe are due back online in the next few weeks after planned maintenance. ICIS experts Irina Peltegova and Ellie Chambers discuss how the extra supply is likely to pressure wholesale electricity prices in the region, after a bullish start to the year.
British natural gas shippers will be unable to inject into Rough until June due to operational problems at the ageing storage site. ICIS experts Thomas Rodgers and Ben Lee discuss the implications of the latest outage at Rough on the NBP and the wider European gas markets.