Moody's forecasts surprisingly stable UK power prices
Rating agency's steady prediction goes against market consensus
Falling demand, lower natural gas prices and the expansion of offshore wind should keep UK electricity prices close to their current levels until 2020, according to New York-based rating agency Moody's Investors Service.
Amid fears of a looming capacity shortfall, many market participants expect the country's electricity prices to rise sharply over the next few years. That view is shared by the UK Department of Energy and Climate Change, which puts the price of wholesale electricity at £61–67 (
More on Electricity
Next-gen PPA contracts reshaping European power markets
As energy market participants seek new ways of capturing value from volatility, new skills are required to structure and price increasingly complex power purchase agreements
Ercot reforms ace winter but Iran conflict and summer pose bigger test
Ercot’s RTC+B reform passes Storm Fern test – now market participants brace for extended Middle East conflict and high-load summer months
Interest in battery and flexibility soars in European energy markets
Energy traders are structuring bespoke contracts around Bess and flexibility that facilitate new ways of managing and sharing risk in this nascent market
Axpo interview: the rise of flexibility contracts in European power
Axpo’s Domenico Franceschino talks to Energy Risk about flexibility contracts, battery optimisation and the role of risk management in valuing these bespoke products
US power markets grapple with surging AI demand
Through rising demand and increased market participation, technology giants are transforming US power markets
CRO interview: Shawnie McBride
NRG’s chief risk officer Shawnie McBride discusses the challenges of increasingly interconnected risks, fostering a risk culture and her most useful working habits
Energy Risk Europe Leaders’ Network: geopolitical risk
Energy Risk’s European Leaders’ Network had its first meeting in November to discuss the risks posed to energy firms by recent geopolitical developments
Energy Risk US Leaders’ Network: tackling volatility
Energy Risk’s inaugural US Leaders’ Network convened in Houston in October to discuss risk management challenges caused by geopolitical upheaval, policy uncertainty and volatility
