UK Power and Gas Contracts Sold Off But Rally Again

Prices bounce back this week as gas storage, supply issues and a more positive macro outlook come back into focus.

• Gas and Carbon are still key drivers.
• New Stream PPA desk have been successfully locking in attractive PPA rates for renewals through 2022 and into 2023 on a relative value basis.
• We will continue to flag fixing opportunities to our clients with renewals and forward expiries.