What does it mean for you? The new Streamlined Energy and Carbon Reporting framework (SECR) comes into force on 1 April this year. It contributes to the government’s Clean Growth Strategy which encourages business and industry to reduce their energy production by 20% by 2030. Building on existing mandatory greenhouse gas emissions reporting and the …

Headlines Nearly all wholesale gas and power contracts fell this week, with day-ahead power the only exception amid forecasts of lower wind generation next week. Wholesale prices have continued to be pressured by milder temperatures, lower demand and comfortable gas supplies, despite three-month high Brent crude oil prices. However, day-ahead power rose 1.2% to end …

It’s been over 12 months since we undertook a business improvement project that included a thorough business process analysis of our Bureau services department. This analysis, coupled with the implementation of a management information tool and an increase to staff volume by 25%, led to significant improvements within the Bureau. A key part of this …

Headlines All wholesale gas and power contracts fell this week. Prices continue to be pressured by milder temperatures, lower demand and comfortable gas supplies. This fall was despite a recovery in Brent crude oil prices which went above $65/bl for the first time since November 2018. All baseload power contracts fell week-on-week, following their gas …

Headlines All gas contracts fell this week, whilst power contracts experienced mixed movements. Prices were pressured by milder temperatures, lower demand and comfortable gas supplies this week. Day-ahead power dropped 1.4% to end the week at £53.8/MWh. The contract had fallen to an eight-month low of £50.8/MWh on 7 February as storm Erik was expected …

Headlines All wholesale power contracts and most gas contracts fell this week. Prices were pressured by forecasts of nearer seasonal normal temperatures in February, easing demand, comfortable gas supply margins, and falling commodity prices. All baseload power contracts fell week-on-week. Day-ahead power dropped 8.4% to a seven-month low of £54.5/MWh, following its gas counterpart lower. …