Colder weather gives European prices temporary support19 April 2017
Unseasonably cold weather has supported day-ahead prices at hubs in Europe. Below-average temperatures are forecast for many of the continent’s large markets over the next week and will continue to support demand. However, temperatures across much of the UK are likely to be around average in the coming days. This, combined with the country’s weak need for gas to inject into storage, is expected to put pressure on NBP prices.
The NBP day-ahead was around 39.5 p/th on Tuesday, around 1 p/th higher than it was late last week.
Log in or register for a free trial to continue reading this article
Already a subscriber?
If you already have a subscription, sign in to continue reading this article.Sign in
Not a subscriber?
To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.Sign up