In this week’s Resonance energy market podcast episode, Jeremy Nicholson talks to Alfa’s Dan Veasey about the return of energy market price volatility.
Topics explored include:
- Power market balancing met by coal generation with nuclear reactors offline and demand increases with warmer weather.
- Reductions in LNG arrivals indicates a general slowdown of deliveries as Asia becomes a more attractive destination.
- Volatility returns after months of falling prices.
- The state of the global economy puts downward pressure on oil prices.
- Despite plans to diversify supply generation for power, a huge reliance of gas remains while storage technologies are developing to meet the needs of intermittent renewable generation.
This episode of the Resonance was recorded on 13thJune 2023.