DiscoverResonance PodcastsA softening in near term gas and power prices, but winter still holds up
A softening in near term gas and power prices, but winter still holds up

A softening in near term gas and power prices, but winter still holds up

Update: 2023-05-04
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In this week’s Resonance energy market podcast episode, Jeremy Nicholson talks to Alfa’s Daniel Veasey as prices soften ahead of the summer. 

Topics explored include:  

  • Softening of near-term pricing while winter prices hold. 
  • Economic data impacts oil prices, despite OPEC cuts. 
  • With LNG delivery at record levels, do falling prices risk supply being diverted to Asia? 
  • While supported in recent weeks with increased rainfall and wind power generation, sensitivities around the impact of a mild winter on hydro remain. 
  • If the Russia and Ukraine war escalates, risk remains over LNG supplies to Europe. 
  • As energy prices in Europe fall, is a recovery in industrial demand underway? 
  • UK energy intensive industries are advised to explore government support now. 

 This episode of the Resonance was recorded on 4th May 2023.  

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A softening in near term gas and power prices, but winter still holds up

A softening in near term gas and power prices, but winter still holds up

Jeremy Nicholson, Daniel Veasey