Q1 Market Report

May 2021

Read the report here

Every week this year has, so far, witnessed some excitement in the power market. In fact, a new record has almost been set weekly, here are the headlines:

Significant volatility in the prompt and gas market, with a record Day-Ahead price and system prices reaching £4,000/ MWh, the highest since 2001

The Carbon price (EUAs) has been on a relentless charge since the beginning of the year, increasing by almost 30% in Q1

There was a record-breaking T-1 Capacity Market Auction and exciting announcement regarding two new Reserve Reform products from National Grid.

Read our Q1 Market report here