Category: Business Energy News

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, […]

DCP 228 (DuoS Rates Changes)

What is DCP 228? DCP stands for Distribution Connection and Use of System Agreement (DCUSA). DCP 228 spread the energy costs more equally throughout the day. Until recently, Distribution Use of System (DUoS) costs are at their highest for half-hourly consumers during late afternoon – or the so-called ‘Red Band’ – meaning a large percentage of […]

DCP 161 and the impact on Half Hourly Meters

What is DCP 161? DCP stands for Distribution Connection and Use of System Agreement (DCUSA). DCP 161 reintroduces higher charges for excess capacity that are on average 73% above normal rates. This will impact customers with Half-hourly meters who exceed their agreed capacity. What are Distribution Use of System (DUoS) charges? These are the charges […]

UK Wholesale Electricity Prices - Pulse Business Energy

Energy Broker: October 2018 Market Report

Wholesale energy prices have dropped significantly during October 2018 – UK’s gas and electricity annual prices decreasing by just over 10%; crude oil prices also decreased about 10% too. However, spot UK energy markets were volatile, driven primarily by changing short term weather forecasts. Forward curves for rolling annual prices reduced its backwardation compared to […]

UK Wholesale Gas Prices - Pulse Business Energy

Energy Broker: September 2018 Market Report

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 […]

UK Wholesale Electricity Prices - Pulse Business Energy

Energy Broker: August 2018 Market Report

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 […]

Compliance for ESOS Phase 2 has started!

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 […]

UK Wholesale Gas Prices - Pulse Business Energy

Energy Broker: July 2018 Market Report

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 […]

UK Wholesale Electricity Prices - Pulse Business Energy

Energy Broker: June 2018 Market Report

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 […]