In this week’s UK energy market podcast, Jeremy Nicholson discusses the improvement in supplies from wind and LNG and what to watch out for as we head towards November with Jason Durden, Head of Energy Markets and Risk Management.
In this week’s Resonance you will learn:
- LNG deliveries are up, a significant recovery from where we were, and weather is above seasonal norms, but November is the big test
- Power price make-up is much more multifaceted, but wind is the big player in the UK
- Oil has greater flexibility, but we wait on the November announcements from OPEC+ (as the controlling influence), to see where prices go from here
- As the UK and EU prices for carbon converge, we look at the factors behind it