Headlines All power contracts rose this week, supported by periods of notably low wind generation midweek, leading to tight supply margins. Higher gas prices also fed into power markets for much of the week. As a result, day-ahead power rose 14.8% to £51.1/MWh. In parallel, day-ahead gas rose 19.7% to 41.40p/th, supported by generally declining …
Read moreBuildings old, new, large, or small, even the most sustainable and efficient ones, will need routine contribution from building users to improve their performance and operational efficiency. This blog breaks down how you can improve the efficiency of the buildings within your organisation to complement how they are utilised, as well as how to ensure …
Read moreHeadlines All gas contracts fell this week, reflecting a period of warmer weather experienced throughout the week, compounded by reduced demand. As a result, day-ahead gas fell 6.7% to 34.60p/th, owning to the aforementioned conditions. Similar to gas contracts, the majority of power contracts declined this week with the notable exception being the day-ahead contract …
Read moreHeadlines The majority of power and gas contracts increased this week. The day-ahead contracts were an exception with day-ahead gas slipping 0.9% to 37.00p/th. The contract hovered around the 37.00p/th mark for much of the week, with a drop in gas-for-power demand amid high levels of wind generation providing a ceiling for prices. Day-ahead power …
Read moreHeadlines Power contracts generally experienced upward price movements this week, with exceptions of the month-ahead contract and Q121 contract, both falling by 1.2% and 1.8% respectively. Power contracts have been predominately supported by low wind outturn throughout the week which has led to tight supply margins. The Day-ahead power contract benefitted from the aforementioned system …
Read moreOur growing energy services benefit from the appointment of a regionally focused energy assessor. Commercial Energy Consultant, Tracey Walsh, has joined our consultancy to support the expansion of our energy services, specifically our compliance expertise. With over 11 years’ experience and multiple qualifications, including BREEAM and Level 5 Thermal Modelling, Tracey has a wealth of …
Read moreHeadlines All power and gas contracts fell this week, largely weighed upon by lockdown announcements made across GB and Continental Europe which have acted to suppress demand. Day-ahead gas fell 11.6% to 38.00p/th, following a period of milder temperatures correlated with strong renewable generation throughout the week. Similarly, day-ahead power declined, falling 18.3% to £35.75/MWh, …
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