Do you need help getting a New Meter Installation? So, you have your new mains connection, your buildings been renovated, and the finish line is almost in sight and you can open your doors and start trading! An exciting milestone! But wait… you still need your new meter for the commercial gas or electricity. You […]
Whereas oil prices have continued with their seemingly ever-increasing run up, UK’s gas and power had a much more volatile month. By mid-month UK gas had touched highs not seen since 2011 for annual contracts and UK power reached levels never seen before! However, by the end of the month prices reduced off these highs […]
During August 2018 UK energy prices increased relentlessly, they were up by 10%, with forward curves for rolling annual prices also increasing their backwardation further; structurally supporting the market strength. Notably, CO2 prices also increased significantly, demonstrating that gas demand, particularly for power generation, has been a primary influence on recent price moves. Oil prices […]
The compliance period for ESOS Phase 2 of the UK government’s Energy Savings Opportunity Scheme (ESOS) is underway and qualifying organisations are now able to begin the compliance process. Find out what you need to do before the deadline. These are the important facts about ESOS Phase 2: The qualification date for PHASE 2 is […]
During July 2018, UK energy prices mostly rolled up the backwardated annual forward curves, meaning prices generally increased slightly, by the end of July 2018. There were some exceptions, essentially nearby months for power were slightly more bullish than gas. Also, during the month, prices did show reasonable volatility, particularly during the first half of […]
Annual UK energy prices held their ground during June 2018, though did firm a few percents at the end of the month; slightly less than last month’s increase. Prices were driven by a combination or lower wind production, higher air-conditioning demand and weaker sterling. Forward prices increased also on further news that Groningen gas production […]
Annual UK energy prices continued to firm in May2018 with both UK power and gas breaking recent highs, touching a 10% month on month increase before falling back partially, nevertheless ending the month 5% up over all; albeit slightly less than last month’s increase. Prices were driven by a combination or higher oil, coal and […]
Energy Buying and Energy Management Breakfast Hosted by The “Energy Buyer of the Year” in 2015 and 2017 at the Energy Awards. Join the ‘Energy Buyers Club’ Breakfast: For professionals involved in Energy Buying and Energy Management. It’s a FREE breakfast morning event where attendees will hear from industry experts who will provide bespoke advice. […]
Energy prices were volatile throughout April 2018 and maintained their bullish trend, with only brief respites. UK’s wholesale power prices increased by 6-8% and UK gas prices moved up nearer 10%. Oil prices moved up even more providing general underlying support to the sentiment. Backwardation in the forward curve for rolling annual prices increased further, […]
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