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prices are dropping --dont believe the hype

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  • fatlad1971
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    Date : Monday 22nd September 2008


    Baseload (£/MWh)
    Period Bid Offer
    Day Ahead 118.9 119.9
    Week 40 105.5 108
    Week 41 99 103
    Oct 08 100 101.25
    Nov 08 108.25 109
    Dec 08 99.25 100
    Q4 08 102.15 103.5
    Win 08 98.2 99.25
    Sum 09 73.3 74
    Win 09 80.85 82
    Sum 10 68.25 70
    Win 10 76.85 78.5

    Date : Tuesday 23rd September 2008


    Baseload (£/MWh)
    Period Bid Offer
    Day Ahead120.5 121.5
    Week 40 110.75 112
    Week 41 103.5 108.5
    Oct-08 104.8 104.9
    Nov-08 112.65 113
    Dec-08 103.35 104
    Q4-08 106.8 107.05
    Win 08 102 103
    Sum 09 76 76.8
    Win 09 83.3 83.6
    Sum 10 71.55 71.8
    Win 10 79.7 80

    My point exactly about not getting excited too soon. These day ahead prices are just crazy (equivalent to 12.15p pkwh) before any additional costs.

    All prices for electricity are back up again and I expect gas will follow suit.

    It needs a sustained period of reduction before anyone can say prices are coming down.

    your right

    but this is just short term volatility
    you notice the trend on this BE wholesale price predictions is downwards

    oil prices dropped again pretty much straight away U.S. crude oil is now trading below $110 a barrel and London Brent Crude below $103 a barrel.
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