Wholesale Energy Market Review 29 January 2021

Wholesale Market News

Headlines This week has seen mixed price movements, with prices leaning towards bearish. Day-ahead gas fell 3.3% to 59.00p/th, afflicted by periods of warmer weather, particularly at the week’s start. Day-ahead power fell 28.5% to £71.5/MWh, with increased wind generation experienced for large parts of the week, coupled with reduced demand in parallel and the

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TEAM enhances its Consultancy offering with a suite of new services

2021 is expected to be a big year for climate action; with COP 26 in November and the UK Government’s target to achieve carbon net-zero by 2050 an ever-present message, there is pressure on organisations to ensure they are becoming consciously sustainable and on the pathway to decarbonisation. As the UK’s leading energy and sustainability

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Wholesale Energy Market Review 22 January 2021

Wholesale Market News

Headlines It has been a largely bullish week for gas and power price contracts, with exceptions coming from longer dated contracts. Day-ahead gas rose 1.7% to 61.00p/th, following forecasts of near-zero temperatures forecast early next week and periods of increased demand expected. Day-ahead power rose 52.9% to £100.00/MWh, following a notable drop off in wind

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Wholesale Energy Market Review 15 January 2021

Wholesale Market News

Headlines This week has seen mixed pricing fundamentals for both gas and power contracts. Day-ahead gas fell 2.8% to 60.00p/th, with temperatures increasing slightly towards seasonal normal levels, as well as periods of system oversupply. Day-ahead power fell 4.2% to £65.4/MWh, despite strong gains made throughout the week with tight supply margins and low levels

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Planning for 2021 and the pathway to green recovery

TEAM's Consultants

Covid-19 has disrupted organisations for the best part of 2020. Whilst it is clear that the pandemic is not behind us, and 2021 has not started quite as we hoped, organisations can still utilise their energy data and tools to support their green ambitions and ongoing recovery. Using insights gained from the last year can

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Wholesale Energy Market Review 8 January 2021

Wholesale Market News

Headlines Most power and gas contracts continue to follow bullish trends as observed prior to the Christmas break. Day-ahead power rose 6.6% to £68.25/MWh, finding support from tight supply margins, amid periods of low generation availability and high demand, with two Electricity Margin Notice (EMN) issued in the week on Wednesday and Friday. Day-ahead gas

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