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At the start of December prices were still on a downward trajectory as seasonal temperature predictions continued to be above normal. By the end of the month, day-ahead power had continued its bearish momentum, finishing on £45MW/h down from £76MWh, as strong wind output and lower demand added pressure.

At the end of the November day-ahead prices closed £15 MWh, up on the month start at £76.75, as colder weather and seasonal uncertainty took its toll. There was good news for the most part however with recent developments in the Ukraine peace talks helping to ease prices down for contracts next year.

Day ahead prices for power closed the month as they started on around £80/MWh which set the tone for much of the price markers in September, with the market trading sideways for all contracts out from Winter '25.

We’re back with the second instalment of Clear Conversations, our series that shines a light on the people who make Clear tick. This time, we’re sitting down with Chloé Mead, Sales and Customer Support Advisor, to hear more about her role and what drives her day to day.

Day ahead prices for power closed the month as they started on around £80/MWh which set the tone for much of the price markers in September, with the market trading sideways for all contracts out from Winter '25.

As August got underway things were looking good, wind generation increased and at the same time temperatures began to ease and the market responded accordingly. By mid-month, optimism that peace might be achieved in Ukraine saw wholesale prices continue their slight downward trend.

Wholesale energy prices rose across the board this month with the largest gains being seen on deliveries for this year, especially August which saw a 10% gain. Gas prices followed a similar trend although the short term gains were softer in comparison.

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In a dramatic contrast to May, day ahead power saw a huge swing in June. At the start of the month, predictions for wind output were significantly above seasonal norms for the first week of June and as a result on 02/06 power was trading as low as £27/MWh. By the end of the month, this was up to £91/MWh as a combination of high temperatures and lower wind output put pressure on supplies.

There was precious little movement over May for most of the forward contracts for gas and power up to Winter this year. Day ahead power closed the month roughly 7% down on its start as did July’s deliveries whereas June remained relatively stable.