Wholesale Energy Market Review 25 September 2020

Wholesale Market News

Headlines Most gas contracts rose this week, supported by a second consecutive weekly rise in oil prices and an increase in gas-for-power demand, the latter owing to a steady reduction in temperature throughout the week. October 20 gas lifted 5.9% to 30.87p/th, and November 20 gas increased 1.7% to 36.06p/th. Seasonal gas contracts differed to

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Celebrating 35 years of TEAM

Since our inauguration in 1985, we have been at the forefront of energy management solutions and services, working in partnership with organisations to meet their unique needs and industry challenges. This year commemorates 35 years of energy management innovation for us. As the UK’s leading energy and sustainability management consultancy, we have been a vanguard

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Reflecting on 35 years of TEAM: Stories from our colleagues

In celebration of 35 years in business, we have spoken to a few of our long-standing colleagues to get their thoughts on how the energy landscape has changed over time, their favourite TEAM memories, and their predictions for the future of the energy and sustainability industry. Over the length of your career in the energy

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Wholesale Energy Market Review 18 September 2020

Wholesale Market News

Headlines All gas contracts rose this week, supported by a rise in oil prices and an increase in gas-for-power demand, the latter owing to a significant reduction in wind speeds this week. October 20 gas was up 4.6% to 29.16p/th, and November 20 gas increased 1.3% to 35.47p/th. Seasonal gas contracts out to summer 22

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Our Energy Consultants join pioneering movement to drive sustainability in the UK

Registered EnCO Consultant

Senior Energy Consultants here at TEAM are among the first to become registered EnCO Consultants through the Energy Services and Technology Association (ESTA) EnCO Training Programme. In response to the growing demand for innovative sustainability consultancy solutions that help organisations push for a zero-carbon future, senior consultants from our Energy Services division have become registered

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Wholesale Energy Market Review 11 September 2020

Wholesale Market News

Headlines Most power and gas contracts fell this week, with day-ahead power contracts being the exception to this trend. Day-ahead gas fell 7.4% to 27.60p/th, from the eight-month high seen last week, with increased renewables and nuclear output seeing lower gas consumption for power generation. Day-ahead power rose 12.2% to £48.25/MWh, driven by forecasts of

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Wholesale Energy Market Review 4 September 2020

Wholesale Market News

Headlines Power and gas contracts saw mixed movements this week, with most near-term contracts rising and some seasonal contracts reducing. Day-ahead gas rose 12.5% to 29.80p/th, an eight-month high, continuing to find support from increased gas-for-power demand and ongoing maintenance on the Forties pipeline system. Day-ahead power fell 9.0% to £43.00/MWh, due to rising levels

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