Directional impact on forecast:
Bullish for NBP day-ahead prices
Supply-side support has continued to provide a floor the NBP day-ahead in recent weeks, despite the fact weaker demand has put pressure on prices. However, with colder temperatures forecast to hit the UK over the coming week, demand-side support for prices is expected to increase.
The NBP day-ahead averaged around 45 p/th in October, its highest average for the month since 2014. Prices remained comparatively strong through much of the month and only dipped to lows...
- You have reached an article available exclusively to subscribers
- Stay informed with exclusive, accurate and up-to-date energy news, analysis and intelligence. Sign up for 7-day trial access to this and more premium content. It's free!
- Get a free trial Already a subscriber? Sign in
