NSR PPA and Green Gas Markets Update: 26_8

• Underlying NBP and TTF gas contracts move lower following last week’s 8% gains.
• NBP Sep is down 1.5% this morning.
• Front-end PPA pricing is down around 2%.
• The market continues to assess short-term supply fundamentals as well as Ukraine developments.
• Gas storage inventory data will be important at the end of the month. The Norwegian sector continues to be hampered by the summer maintenance programme, though supply restrictions at Troll look to be smaller than initially expected.
• Spot UK power is cashing out around £65 MWh.
• If you would like to discuss further, please call the desk.

NSR PPA and Green Gas Markets Update : 28_8

• NBP Gas Down 2.75%
• PPAs Down 3%