Wholesale Energy & Gas Prices Falling – January 2014

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This January, temperatures have been on average 15% higher than the seasonal norm, contributing to lower demand for power and gas. Alongside this, falling oil prices have pulled the annual power and gas contracts down. Short-term prices have been lower with high LNG supply and nuclear outages. Annual April 14 baseload power decreased 1.2% to a monthly average of £52.5/MWh in January.

via Energy & Gas Prices Falling – January 2014.

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