Carbon Neutrality vs Net Zero

Friday 19th June 2020

As businesses continue to focus on reducing their greenhouse gas emissions, it’s vital to understand the terminology used around this topic. There can be ambiguity regarding some of the related technical language, and this can hamper efforts to improve environmental credentials. A common confusion is around ‘carbon neutral’ and ‘net zero’. These are often used interchangeably, but we wanted to …

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Cooler temperatures and low wind increase gas usage

Thursday 18th June 2020

Power and gas markets have been generally bullish so far this month. As Europe moves out of lockdown, so demand for energy increases and Annual prices have risen. This is also reflected in firmer oil, coal and carbon prices. However, the upward direction of energy curves comes with a degree of uncertainty: will post-lockdown demand be as high as pre-lockdown; …

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Summer gas lower as depressed market remains well supplied

Wednesday 3rd June 2020

Whilst Annual power prices have generally edged higher over the past fortnight (with a fair bit of volatility) the short-term market has hit extraordinary new lows. The spring bank holiday weekend saw prices enter negative territory with very high wind generation and low lockdown demand. There was a surge in exports to balance the system. Short-term gas was also weak …

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Annuals rise as global lockdown eases

Tuesday 19th May 2020

Prices have generally moved up over the last fortnight as most countries look to ease lockdown restrictions. There are tentative signs that the global economy is picking up, with oil coming back from its recent lows and Asian LNG prices increasing. European power prices have been boosted by continued fears over French nuclear outages this coming winter, and the consequent …

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The Road to a Green Recovery - Your Business and COVID-19

Monday 18th May 2020

How has the energy use of your business changed in the wake of the COVID-19 lockdown? A recent study of 300 commercial buildings found that the average reduction in energy use was only 16% since ‘stay at home’ orders began. This drops to just 3% in the weakest performing 10% of buildings, with ventilation and heating the largest users of …

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