coal market

Coal price dump and jump in animation | 07 Nov, 2016

Spot coal prices continue to surge around the world. As winter approaches, Pacific Basin steaming coal prices have broken above 100 $/tonne. Coking co ...

The impact of rising coal prices | 17 Oct, 2016

2016 has delivered its fair share of commodity market surprises. But none have been more unexpected than the sharp recovery in coal prices.  European ...

UK coal plants & security of supply | 11 Jul, 2016

The UK government announced in November 2015 that all UK coal plants would be closed by 2025. This was a logical decision in the context of UK emissio ...

Has the 2016 commodity price recovery got legs? | 13 Jun, 2016

Crude oil has doubled in price since February.  The rally in oil has coincided with a broader recovery in global commodity prices including coal.  H ...

Gas vs coal switching in Europe: key markets | 30 May, 2016

The displacement of coal plant by gas plant is one of the key current focus issues in the European energy industry.  A sharp decline in coal prices f ...

Dark spreads spell the death of UK coal plants | 08 Feb, 2016

Falling gas prices over the last year have decimated UK coal plant generation margins. In the UK, coal plants are hostage to CCGTs when it comes to se ...

Vattenfall’s German sale: mixing lignite & water | 21 Sep, 2015

Vattenfall is kicking-off a formal sales process to dispose of its lignite and pump storage hydro assets in Germany. The sale will result in a signifi ...

UK spark and dark spreads in animation | 07 Sep, 2015

The evolution of generation margins for gas and coal fired power plants are having wide reaching implications across European gas and power markets th ...

Falling fuel prices and thermal plant margins | 26 Mar, 2015

There have been some big moves in commodity prices and currencies so far in 2015.  Sharp declines in oil, gas and coal prices have reduced the fuel c ...

Germany vs UK generation margin comparison | 31 Mar, 2014

Comparisons between Germany and the UK are always an interesting exercise.  Germany is impressive in its efficiency, structured approach and longer t ...

Early warning signs of an emerging markets problem? | 03 Feb, 2014

In our last article of 2013 we posed a question around the vulnerability of energy markets to an economic shock.  We specifically considered the case ...

Big trouble in little China? | 15 Jul, 2013

Chinese economic growth is the primary driver of the evolution of global commodity market demand, as we have highlighted previously.  Energy markets ...

Controlling an addiction to cheap money | 01 Jul, 2013

The importance of central bank monetary policy in driving commodity markets has been a key theme of this blog.  Since the onset of the financial cris ...

The European gas plant bust is underway | 11 Mar, 2013

The pain being suffered by owners of European gas-fired power plant has escalated over the last 12 months.  Weak power demand, subsidised renewable b ...

CCS – Will it take off anytime soon? | 14 Jan, 2013

This week’s article is the next in a series of Guest Posts written by Howard Rogers, the Director of Natural Gas Research at the Oxford Institute fo ...

A commodity market perspective in 3 charts | 29 Oct, 2012

One of the themes of this blog has been the increasing importance of global commodity markets in driving pricing and value in European power and gas m ...

Coal prices heading south | 02 Jul, 2012

There is currently a strong focus across global commodity markets on the European debt crisis as a key driver of price movements.  This is unsurprisi ...

Timera Energy’s 2011 review | 12 Dec, 2011

A year in review The season of long lunches, last minute shopping and visits from the in-laws is upon us again.  As a result this will be our last p ...

The downside risks to energy markets have intensified | 10 Oct, 2011

Will 2011 be a turning point for global energy markets? 2011 has been dominated by concerns about the impact of tightness in global energy markets on ...

Exchange rate impacts on European power and gas markets | 25 Jul, 2011

We explored the broad impact of asset correlations and exchange rate movements on European energy markets in an article last week. As well as the ‘m ...

The debt crisis and European energy markets | 18 Jul, 2011

Global financial markets are increasingly influencing European energy markets Two years ago a speaker at Flame, the annual European gas industry con ...

The value of existing UK coal plant ? | 13 Jun, 2011

The value of coal plant in the UK has suffered over the last 3 years Negative sentiment towards coal fired generation capacity in the UK over the las ...

Global commodity markets (Part II): focusing in on oil, coal and gas | 06 Jun, 2011

While it is convenient to group commodities together and analyse them as an asset class, the supply and demand balance across individual commodity mar ...

Global commodity markets (Part I): a paradigm shift? | 30 May, 2011

This blog is focused on European power and gas markets. But it is difficult to have a robust view on the evolution of power and gas markets without re ...