Secure Supply Sentiment Softens Prices
Power prices follow gas market downwards, report highlights opportunities for industries to participate in demand response.
Welcome to your final instalment of Weekly Energy News from Planet9! Last week power prices were pushed downwards by falling gas prices in both near-term and seasonal contracts. Commodity prices experienced mixed movements and Brent crude oil prices continued to fall amid speculation of increased future supply. Outside of the wholesale market, a report by the Association for Decentralised Energy and Renewables UK states that combined efforts from DSR participants could reduce wholesale prices, as well as producing significant benefits for commercial consumers.