Surging carbon sends Annuals higher

Friday 17th July 2020

The last fortnight has been generally bullish across power, gas and the wider energy complex. The main driver has been the sharp rise in carbon costs, briefly hitting a 14-year high in excess of €30 / tonne. There has been some speculative purchasing of allowances and carbon costs will be higher with a more significant fossil fuel burn this winter. …

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Despite COVID, the Targeted Charging Review will still go ahead in 2021

Thursday 9th July 2020

The percentage of non-energy costs, also called Third Party Costs (TPCs), which make up a bill now amount to around 60%.

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Gas Annuals rise by as much as 9%

Friday 3rd July 2020

The second half on June saw a lot more bullishness in power and gas markets as the easing of lockdown indicated an increase in demand. There has been upward movement in the wider energy complex, with Brent sustained above $40, coal increasing on renewed demand and carbon soaring on the back of speculative trading and the expectation of an increased …

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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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