Major Changes Ahead – Targeted Charging Review (TCR)

The Background Transmission and Distribution charges are the costs for transporting energy from the point of generation across the national grid and subsequently from the grid to the end-users: homes and businesses. This is done over the transmission and distribution...

Renewables Obligation (RO) Mutualisation – 2018/19

The latest RO payment shortfall by various suppliers will affect customers with pass-through contracts who were on supply between April 2018 and March 2019. What is the Renewables Obligation? The Renewables Obligation (RO) is an Ofgem support scheme which requires...

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: 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...

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...