September is the last summer month for energy watchers.
I started my career building energy market tracking tools.
The electricity and gas forward markets are like having a crystal ball – the way they move gives you an early warning signal of good and bad times ahead.
So I thought I might go back to my roots and write a Monday markets review – nothing too complicated but just keeping an eye on what’s going on.
So, from now the focus shifts to the coming winter.
Storage in Europe is around three quarters full, comfortable for this time of year.
But the war in the Ukraine shows no signs of easing.
Both sides will and are targeting energy infrastructure including pipelines that supply Russian fuel to Central Europe.
We have always said that March to August is a good time to get contracts done.
Markets get twitchy after September, watching weather and geopolitical news carefully – Summer is unfortunately a good time to start a war or continue offensives.
This is the time to check that your exposure to the comine winter is covered – time is running out.
Handcrafted insight 