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 …
Read moreHeadlines 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 …
Read moreHighly 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 …
Read moreMembers 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 …
Read moreHeadlines 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 …
Read moreHeadlines 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 …
Read moreTowards 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 …
Read moreHeadlines 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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