Wholesale Energy Market Review 28 February 2020

Energy Wholesale Market View

Headlines Most power and gas contracts decreased this week, reflecting the movements of the global economy, with the day-ahead contracts as the exceptions. Day-ahead gas rose 6.2% to 24.00p/th, as forecasts of a drop in temperatures saw a rise in expected gas demand. Day-ahead power followed gas and rose 6.8% to £35.15/MWh as forecasts of

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Wholesale Energy Market Review 21 February 2020

Energy Wholesale Market View

Headlines Most power and gas contracts rose this week as the UK domestic market reversed losses seen last week. Day-ahead gas rose 9.7% to 22.60p/th although an influx of LNG did see prices ease towards the end of the week. Day-ahead power rose 25.8% to £32.90/MWh, recovering from record lows to follow other markets higher

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Award winning energy and sustainability professional joins our energy consultancy

Sam Arje - TEAM Energy Consultant

Highly experienced energy project manager, Sam Arje, has joined TEAM to strengthen our suite of multi-discipline consultancy services to help customers realise their energy management needs and sustainability goals. Sam has over 15 years’ experience in project management; with 7 of those years dedicated to driving down energy consumption and carbon emissions for UK based

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New ESTA Automatic Monitoring and Targeting Guide Launched

ESTA Automatic Monitoring and Targeting Group

Members of the Energy Services and Technology Association’s Automatic Monitoring and Targeting Group (ESTA’s aM&Tg), have launched a new online guide to introduce and inform end-users on the importance of monitoring their energy. MonitoringEnergy.info is the home of a new guide on Automatic Monitoring and Targeting. The website provides an overview of aM&T for energy

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Wholesale Energy Market Review 14 February 2020

Energy Wholesale Market View

Headlines Most power and gas contracts fell this week as mild temperatures and Storm Ciara passed over the country. Day-ahead gas fell 9.5% to end the week at 20.60p/th. Prices were pushed down due to less gas-for-power demand and declining LNG prices and sunk to a five-month low of 20.40p/th on Thursday. Day-ahead power fell

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Wholesale Energy Market Review 7 February 2020

Energy Wholesale Market View

Headlines The majority of short-term power and gas contracts fell this week, with some future seasonal contracts gaining despite substantial losses seen in the day-ahead contracts. Day-ahead gas fell 7.3% to end the week at 22.75p/th, with forecasts of fluctuating temperatures seeing gas extend losses this week. Day-ahead power followed gas and fell 15.9% to

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Capacity Market: Some Key Dates For Your Diary

Capacity Market: Some Key Dates For Your Diary

Towards the end of last year, the European Commission reopened the Capacity Market. If you’re participating in the Capacity Market, the timelines are as follows T-1 delivery year 2020/2021 From 1 October 2020 to 30 September 2021 T-3 delivery year 2022/2023 From 1 October 2022 to 30 September 2023 T-4 delivery year 2022/2023 From 1

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Wholesale Energy Market Review 31 January 2020

Energy Wholesale Market View

Headlines All power and gas contracts fell this week with the domestic market reflecting the current bearish global markets. Day-ahead gas fell 9.7% to 24.55p/th to follow oil and LNG prices (which hit a 10-year low this week) lower, as an influx in LNG send-out ensured the market was well supplied. Day-ahead power fell 11.0%

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