Market View Mid-March

Tuesday 20th March 2018

As was the case at the start of the month, the weather is having a significant bearing on energy and gas prices. Whilst volatility is pronounced on the Short-term market as was previously the case, the bullish sentiment (in the face of the expected return of The Beast from the East) is now showing on Annuals, with April ’18 power ...

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The 2018 Regional Energy Consultant/Consultancy of the Year Award

Tuesday 13th March 2018

The 2018 Regional Energy Consultant/Consultancy of the Year Award rewards one exceptional individual or company, in each of the 11 Regional areas around the UK that advises businesses or homeowners about energy efficiency savings and measures through a Green Deal of EPC energy assessment, and recognises the efforts of a fully qualified energy assessor that provides excellent customer service ...

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Short-term spikes, whilst Annuals remain flat

Wednesday 7th March 2018

Recent gas and power discussions have been dominated by short-term markets. Gas prices reached record levels last week, and this surge was reflected in day-ahead power too. The cost increases came as the ‘Beast from the East’ struck Western Europe and gas demand increased significantly. At the same time there were unexpected Norwegian outages. All in all there was near ...

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UK Day-ahead and Within-day gas reach record levels: £2.75/therm and £3.50/therm

Thursday 1st March 2018

UK Day-ahead gas prices traded up to £2.75/therm and Within-day gas up to £3.50/therm early  Thursday afternoon – understood to be record levels, as the freezing weather pushed consumption to a third higher than seasonal norms and outages crimped supply. The acute tightness led to National Grid earlier issuing its first Gas Deficit Warning – seeking extra supplies ...

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UK Day-ahead gas hits £1/therm on outages and cold - highest level in almost 5 years

Wednesday 28th February 2018

UK Day-ahead gas prices surged to £1/MWh Wednesday morning ─ their highest level since March 2013, as the freezing weather pushed demand to as much as 30% above seasonal norms at the same time as supply was squeezed by an unplanned outage at Norway’s biggest gas processing plant, Kollnes, and  imports through the main interconnector with Europe dropped to ...

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