08 January 2025: 16:30 GMT
Certain traders make a lot of dosh from the UK power market but it’s all Paddington can do to hold onto his hat and try to hang onto his rapidly evaporating winter energy budget . We’re certainly feeling the pinch of the current cold snap seeing demand surge, coinciding with a lull in the wind slashing production from windfarms. And just yesterday Mr Milliband was gloating about wind power overtaking gas as the biggest source of electricity… “British comedic timing”, as one trader put it.
In ‘The Officials’, Onyx Capital Advisory publishes outright values, spreads, cracks and boxes for the main energy commodities traded in the marketplace. The published values are determined independently and on a fair market basis by our team of dedicated professionals.
We invite you to read our reports, which will initially be published twice a day, reflecting closing values at 16:30 Singapore time (SGT) and at 16:30 London time (GMT/BST).
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