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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COVID-19 Update - Getting your Premises Ready for Occupation

Monday 11th May 2020

Following the latest government advice, we would like to outline how we will continue to support your business, while ensuring all measures to protect the health and welfare of both your staff and our staff are observed. 

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Short-term power hits record low with reduced low lockdown demand

Monday 4th May 2020

Global energy markets over the past fortnight have been dominated by the crash in the cost of oil, with reduced lockdown demand leading the negative costs for the first time ever on the main US index. Whilst Brent crude has now recovered to more-or-less where it was mid-April, it is still at a very subdued level, lending bearish sentiment across …

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Annual prices show some recovery on fears over French nuclear capacity

Monday 20th April 2020

UK gas and power markets continue to be driven by the ongoing effects of the coronavirus lockdown. Demand is low, as you would expect with so many businesses closed. Consequently short-term markets are showing multi-year lows (Day-ahead power recently hit a 16-and-a-half year low). Renewable generation in the UK has been significant in that whilst wind levels are low, in …

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