Energy Markets Weekly: Cold snap lifts gas as UK wind steadies, LNG remains subdued

UK and continental markets rebounded after an early September lull. A short-lived cold spell across Northwest Europe, tighter Norwegian flows, and muted LNG arrivals gave prompt contracts bullish support. On the power side, weak wind early in the week pushed gas plants to the margin, lifting Day-Ahead prices before improved renewable forecasts offered some relief. Storage remains comfortably high overall, though injections are slowing as seasonal maintenance curtails supply flexibility.