Prices dropped pretty much all along the curve during February 2019, with the forward curves for the rolling annual prices increasingly tending towards contango. Temperatures were generally above seasonal normal; some days were remarkably warm, with record high temperatures experienced widely over UK for this time of year. Fundamentally, there is a good overall supply […]
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End of the Feed-In-Tariff (FiT) Scheme
The Feed-in-Tariff (FiT) is a Government scheme designed to promote the uptake of small-scale renewable and low-carbon electricity generation technologies, including mainly solar PV, but also anaerobic digestion, micro-hydro, wind power and co-generation. What is happening and why? The government will close the FIT scheme to new applicants from 1 April 2019, barring some exceptions. […]
CCL Increasing in April 2019
Climate Change Levy (CCL) is the government tax charged on the units of energy and acts as an environmental tax on energy delivered to non-domestic users. It’s designed to encourage businesses to be more energy efficient, helping to reduce their overall greenhouse gas emissions. What is changing? Following the government’s decision to terminate the Carbon Reduction […]
Energy Broker: January 2019 Market Report
During January 2019, movements in the structure of the forward curves for the rolling annual prices indicate a shifting sentiment, with nearby prices dropping about 5%, whereas forward prices increased. Even though average temperatures during the month were about normal we did also experience the lowest temperatures for 7-8 years; prices showed some volatility within […]
Pulse acquires European Utility Management Ltd
Arrow Business Communications expands its operations in the business energy market with the acquisition of European Utility Management Ltd. Arrow is delighted to announce the acquisition of European Utility Management Ltd (EUM), an Energy broker specialising in Property Development and Management companies. EUM will be integrated into Pulse Business Energy, the energy specialist division of […]
Energy Broker: December 2018 Market Report
Let me start by wishing a Happy New Year to all our readers. Like last month, UK’s energy prices peaked in the middle of the month driven by short term temperature effects but ended December slightly lower month on month as end year supply was well matched to demand. However, year on year, it can […]
Energy Broker: November 2018 Market Report
November 2018 was, as usual for this time of year, a reasonably volatile month for wholesale energy prices; peaking at 8-10% higher in the middle of the month, however, forward prices ended up pretty much where they started or even slightly lower. The price volatility was driven by both global political and short-term fundamental issues, […]
Feed-in-Tariffs (FiT) Mutualisation
Renewables Obligation (RO) / Feed-in-Tariffs (FiT) Mutualisation The payment shortfall will affect customers with Pass-through and Flex contracts who were on supply between July and September 2018. What are they? The RO is a support mechanism which requires all licensed electricity suppliers to source an amount of their supply from renewable sources. It was introduced by […]
Streamlined Energy and Carbon Report (SECR)
The UK Government announced a new mandatory Streamlined Energy and Carbon Reporting (SECR) framework for all large UK businesses to take effect in 2019. What is SECR? SECR stands for Streamlined Energy and Carbon Report. The new mandatory reporting framework will replace the CRC Energy Efficiency Scheme (CRC EES) and extend the scope of the existing […]
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