Prices rose slightly on Friday due to the continued geo political issues surrounding Ukraine.

We expect more stability in the coming week.

Gas: Gas prices rose at the conclusion of last week. Uncertainty surrounding the Ukraine and Russia peace negotiations lifted prices. In the prompt, daily demand rose 27.17mcm above seasonal norms, with further expectation of increasing demand due to falling wind generation later in the week. Power: Power prices rose at the end of last week. Curve prices continuing to be supported by stronger carbon and gas markets. Wind generation is expected to reach 11GWs/day today but fall to a low of 2.3GWs/day from Tuesday to Thursday this week. Oil: The Oil market remained flat on Friday as investors continued to price cautiously due to supplies outweighing demand and the uncertainty surrounding peace negotiations between Ukraine and Russia. Carbon (EU ETS): The ICE Dec-25 closed higher again on Friday at €70.99/t. This morning the contract is trading slightly down at €70.90/t. Carbon (UKAs): The ICE Dec-25 continued to rally at the end of last week, closing upwards at £44.29/t. The contract is trading softer this morning at £44.32/t.