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Energy Broker: February 2020 Market Report
During February 2020, the initial impacts of Covid-19 (official name of the coronavirus) were seen and being speculated upon – as a result prices were reasonably volatile, reflecting the uncertainty affecting most markets, including financial markets. After touching lows in...
Energy Broker: January 2020 Market
The escalation in tensions between USA and Iran at the start of the year, as a consequence of the US missile strike that killed the top Iranian general, kept the UK energy market relatively steady for the first two weeks...
Energy Broker: December 2019 Market
Let me start by wishing a Happy New Year to all our readers. Like last month, UK’s energy prices dropped over the month, though they did spike up mid-month on concerns related to Ukraine/Gazprom negotiations. However, it later transpired that...
Energy Broker: November 2019 Market
Despite a strong pick-up in prices during the third week of November2019, by the end of the month UK Energy prices ended the month lower than where they started. Whereas spot prices increased slightly across the month, which would be...
Energy Broker: October 2019 Market
Apart from a blip upwards mid-month, in response to another attack on an oil tanker in the middle east (this time Iranian), forward UK energy prices generally drifted downwards throughout the month. Spot and front month prices pretty much moved...
The Capacity Market Has Been Reinstated
We previously informed that the Capacity Market (CM) had been suspended, pending the final ruling in an ongoing case between Tempus Energy and the UK Government. This case has now concluded. On 25 October 2019, this statement from the government’s...
The Triad Season 2019 is here! See what you need to do
Triads can have a huge impact on your energy bill! The Triad period will commence on the 1st of November 2019 and these peak time charges can have a significant impact on your energy bills for the next financial year. Please see...
Smart Export Guarantee (SEG) to replace Feed-In-Tariff (FiT) Payments
Following the closure of the Feed-in Tariff (FiT) scheme to new applicants in March 2019, the government has acknowledged that small-scale renewable energy generators need to be paid for the electricity that they export to the grid. As such, the...
Energy Broker: September 2019 Market
After a quiet start to the month, September 2019 will be remembered ultimately as a very volatile month, though by the end prices were only up a few percent for electricity and a bit more for gas. Three, potentially very...