Wholesale Energy Market Review 29 March 2019

Energy Wholesale Market View

Headlines All near-term (up to and including summer 19) power and gas contracts fell this week as gas supplies are forecast to remain comfortable as we move into summer, whilst several LNG tankers are scheduled to arrive in the first week of April. All near-term baseload power contracts, up to and including summer 19, fell

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SECR and data: where do I start?

Streamlined Energy and Carbon Reporting framework

When it comes to the Streamlined Energy and Carbon Reporting (SECR) framework, all qualifying businesses are required to report on their annual emissions and provide a narrative commentary of any energy efficiency actions. Provided within the Environmental Report Guidelines, which were updated earlier this year, this table gives the basics of what you need to

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There is more to outsourcing your bill validation than you think

How have our internal changes affected our outsourced Bureau service?

It’s true that people use an outsourced energy bureau to maximise their cost recoveries. Our customers recover five times more on average than the cost of the service. A typical service that we provide includes managing, checking and processing your utility bills, verifying your energy data, and negotiating with utility suppliers for cost recoveries. But

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Wholesale Energy Market Review 22 March 2019

Energy Wholesale Market View

Headlines Wholesale power and gas contracts fell across the board this week, with many contracts hitting new lows. Day-ahead gas fell to a 20-month low as comfortable supplies and mild temperatures continued. This trend drove day-ahead power prices to a 17-month low, despite lower wind generation. All baseload power contracts fell week-on-week. Day-ahead power was

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Wholesale Energy Market Review 15 March 2019

Energy Wholesale Market View

Headlines All wholesale power and gas contracts fell week-on-week, with day-ahead gas dropping to a 20-month low as comfortable gas supplies and mild temperatures continue. Falling gas prices and strong wind generation drove day-ahead power prices to 18-month lows. All baseload power contracts fell week-on-week. Day-ahead power was down 1.0% to end the week at

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How we can help organisations paint the best year-end picture?

How have our internal changes affected our outsourced Bureau service?

For many organisations, the year-end is April and for many organisations, budgets are set based on what the spend was for the previous year. This is the case for council and NHS trusts. Due to pressures of budget cuts, it’s especially important for them to present the most accurate figures on their energy spend. It

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Wholesale Energy Market Review 8 March 2019

Energy Wholesale Market View

Headlines Nearly all wholesale power and gas contracts fell week-on-week. Whilst day-ahead power was unchanged at £48.0/MWh, day-ahead gas dropped to fresh 17-month lows as comfortable gas supplies and mild temperatures continued in early March. Gas prices were further pressured by a slip in Brent crude oil prices. Nearly all near-term baseload power contracts fell

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Climate Change Levy. It’s coming for you….

TEAM Energy Services

You may have been fortunate, falling under the radar for all sorts of environmental legislation, to have never had to learn the acronyms CRC, ESOS, DEC, GHG. However, this next one is one you will have to learn. CCL – the Climate Change Levy is coming for you, it’s coming for everyone. CCL has been

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Wholesale Energy Market Review 1 March 2019

Energy Wholesale Market View

Headlines This week, wholesale power and gas contracts experienced mixed movements, as most contracts beyond the month-ahead rose week-on-week. Day-ahead power and gas contracts have fallen week-on-week amid record high winter temperatures and comfortable gas supplies, despite low wind generation during the week. Nearly all baseload power contracts rose week-on-week. Day-ahead power was an exception,

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