London (Reuters) - forecast, British this winter unusual weather conditions, improve the public utility operators expectations produce huge profits, as they nearly 2012 years of trading books.
In winter heating season began on October 1 and the temperature lower than seasonal standard, medium term weather forecast, relatively cold conditions, will continue to early November, in mild and windy weather is given priority to, the rest of the winter.
"Secondly is mild winter peak season in winter cold start to give us a chance to before the end of the year, we short-term market high price to sell our production, mild and windy weather, the demand of the system," a practical power traders said.
"This will be a very good upgrade our trading books before Christmas," he added.
This season's cold boot natural gas prices have been lifted. Since the beginning, wholesale spot natural gas prices have risen 15% the left and right sides, and next summer delivery of futures prices have risen 5%.
Retail home prices have been on the rise, despite Britain's economic recovery is slow.
"In the last few weeks, cold above the average level of realization and predict the weather have served as a catalyst for rising prices, along with the market focus to these tight fundamentals (and), we believe that the price of Europe will further rise to balance the market," Goldman Sachs (outlined in yesterday) in a research report, said this week.
With the recent rise, electricity and natural gas prices have broken since February trading range has been difficult to traders profit.
"In the winter heating season cold boot is a very pleasant change, and allows us to sell the market, improve the requirements to the reasonable price, improve our final year performance, gas traders say."
Britain is more common in winter the weather model by a gentle start, and then in December and January the cold weather.
"When this happens, we (utility) is not high demand make as much profit, early in this season, we can catch in winter production, it became very cold, forced we buy electricity and natural gas in the spot market prices, to meet customer needs," power traders said.
Short the market, means that can choose to purchase products at a later point, makes the bet, the price will drop. Traders usually from brokerage according to certain price, and hope to use products, after purchase a lower value.
Energy experts international weather services (WSI) earlier this week say they expect to see anomaly in Western Europe mild, moist and wind conditions, in last November this year January to between.
The company is headquartered in the United States predicted, much of Europe across a piece of cold weather may have in early November, but after condition, will become soft.
Townsend Reuters point carbon company meteorologists say they expect temperature slightly lower than seasonal average early November, but uneasy, damp weather will control the rest of the winter, temperatures close to normal.




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