Wholesale Energy Market Review 29 May 2020

Energy Wholesale Market View

Headlines Most power and gas contracts rose this week, driven higher by a recovery in their respective day-ahead contracts. Day-ahead gas rose 27.7% to 8.75p/th as gas-for-power demand recovered from the low levels seen late last week. Day-ahead power rose 11.6% to £24.00/MWh, following a significant drop in wind generation compared to the end of

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10 top tips for energy professionals when reopening your estate

Giles Davies, TEAM Energy Consultant

In light of the recent advice from the Government given to organisations across the UK, we are starting to see a number of businesses slowly reopen to both their workforce and the public. The process of re-opening commercial buildings and estates will come with its own challenges for energy professionals in ensuring it is done

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Wholesale Energy Market Review 22 May 2020

Energy Wholesale Market View

Headlines Gas and power contracts saw mixed movements this week, with the price of nearer-term contracts falling as a result of continued low demand, whilst there were bullish signs for the majority of seasonal power contracts. Day-ahead gas fell 46.7% to a 14-year low of 6.85p/th as extremely low gas-for-power demand weighed on prices. Day-ahead

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Energy management series: Find meaning in your data

People discussing energy

In the previous energy management blog, we talked about quality data being the starting point for an efficient energy strategy. So, now that you have a secure and reliable set of data for a defined period, the next stage is to make effective and proactive use of it. There are a variety of ways to

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Wholesale Energy Market Review 15 May 2020

Energy Wholesale Market View

Headlines Mixed movements were observed in GB wholesale gas and power markets this week; near-term contracts continued to decline on low consumption forecasts amid the coronavirus, while several further reaching contracts followed global commodities higher, with some analysts predicting a quicker bounce-back in demand than was previously expected. Day-ahead gas fell 14.3% to 12.85p/th as

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Wholesale Energy Market Review 11 May 2020

Energy Wholesale Market View

Headlines GB power and gas prices saw mixed movements last week, with several gains in contracts which had previously seen sustained losses amid the COVID-19 outbreak. Day-ahead gas (for delivery last Friday) rose 10.3% to 15.00p/th despite much warmer weather towards the end of last week. The day-ahead power contract followed gas movements and rose

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Wholesale Energy Market Review 1 May 2020

Energy Wholesale Market View

Headlines Most power and gas contracts fell this week as the UK remained under lockdown, muting demand across the country. Day-ahead gas was an exception and rose 20.9% to 13.60p/th following slightly lower temperatures towards the end of the week. Day-ahead power opposed gas and fell 1.4% to £25.25/MWh as a result of higher wind

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