UK Wholesale Energy Market Report for August 2019 The contrast with August last year could not have been much greater; this time last year prices were relentlessly increasing whereas this year, UK’s energy prices have been dropping, with forward curves...
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Renewables Obligation (RO) Mutualisation
The RO payment shortfall by various suppliers will affect customers with pass-through contracts who were on supply between July and September 2018. What is the Renewables Obligation? The Renewables Obligation (RO) is a support mechanism which requires all licensed electricity...
Energy Broker: July 2019 Market
After a volatile July 2019, driven by a number of factors, but mostly political events in the middle east, UK energy prices ended the month up 5-10%. Temperatures were generally above seasonal norm, though LNG deliveries were slightly reduced at...
Energy Broker: June 2019 Market
Whereas UK energy prices ended pretty much where they started June2018, during the month they were quite jumpy. Temperatures were generally well below season norm, though we did experience one very hot spell towards the end of the month. June...
Energy Broker: May 2019 Market
Prices were much less volatile this past month (May 2019) and generally trended back down again to the levels we experienced mid-March 2019. Rolling-annual forward curves also drifted down and structurally demonstrated more contango, though longer dated power still exhibited...
Energy Broker: April 2019 Market Report
Prices were much more volatile this past month (April 2019) with the recent bearish run coming to a halt. Whereas far forward prices (greater than 2 years forward) have not changed much month on month, rolling annual prices in the...
Energy Broker: March 2019 Market Report
March 2019 could not have been more different to March last year – no ‘Beast from the East’ for starters, in fact we experienced some quite balmy temperatures for the time of year, which were generally above seasonal normal, and...
Energy Broker: February 2019 Market Report
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...
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...
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...