AlexMcGowan
Member
- Location
- Cheshire
A quick market update;
With the rapid rise in gas prices, caused in no small part by delays to the Russian supply, the electricity market is following suit.
Combining this with low wind output, and we're experiencing another significant market spike, increasing the forecasted pricing for 2022 significantly.
The day ahead rate today sits at £271/MWh for those not on fixed rate deals. Whilst baseload power prices for January and February reach highs of £350/MWh. Summer and Winter 22' are currently forecast to average at approximately £170/MWh.
If you complete your tenders yourself, now would be a good time to begin negotiating, if you'd like assistance in navigating the market, and would like to ensure all options are assessed, then please don't hesitate to contact me at [email protected].
If anybody deals with their export negotiations themselves, but has questions about the above, then feel free to contact me also, I'm happy to help any generators maximise their systems profitability in any way that I can.
With the rapid rise in gas prices, caused in no small part by delays to the Russian supply, the electricity market is following suit.
Combining this with low wind output, and we're experiencing another significant market spike, increasing the forecasted pricing for 2022 significantly.
The day ahead rate today sits at £271/MWh for those not on fixed rate deals. Whilst baseload power prices for January and February reach highs of £350/MWh. Summer and Winter 22' are currently forecast to average at approximately £170/MWh.
If you complete your tenders yourself, now would be a good time to begin negotiating, if you'd like assistance in navigating the market, and would like to ensure all options are assessed, then please don't hesitate to contact me at [email protected].
If anybody deals with their export negotiations themselves, but has questions about the above, then feel free to contact me also, I'm happy to help any generators maximise their systems profitability in any way that I can.