Wholesale Energy Market Review 26 February 2021

Wholesale Market News

Headlines It was a relatively bearish week again for gas and power contracts this week, with the exception of the day-ahead power contract and near-term peak power. Day-ahead power rose 14.7% to £65.95/MWh, with forecasts of notably reduced wind generation expected next week. Alternatively, Day-ahead gas fell 6.5% to 40.90p/th, following the system being oversupplied

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TEAM address the challenges of tenant billing with new suite of services

TEAM address the challenges of tenant billing with new suite of services

Our latest offering reinvents tenant billing, delivering sustainable and efficient property management. Since the launch of our flagship Sigma Tenant Billing software in 2019, we have been supporting commercial organisations to accurately and efficiently bill their tenants. Following the success of the software, we recognised there was a gap in the market for a more

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Wholesale Energy Market Review 19 February 2021

Wholesale Market News

Headlines It has been a largely bearish week for gas and power contracts this week, with some exceptions on longer term seasonal power contracts. Day-ahead gas fell 4.9% to 43.75p/th, following the subsidence of Storm Darcy and the associated cold weather front, leaving much warmer temperatures across much of the UK, reducing gas demand. Day-ahead

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Wholesale Energy Market Review 12 February 2021

Wholesale Market News

Headlines It has been a largely bearish week for both gas and power contracts, with some exceptions in seasonal summer contracts on the forward curve. Day-ahead gas fell 13.6% to 46.00p/th, with an oversupplied system at the week’s start and higher temperatures forecast for next week. Day-ahead power fell 7.4% to £57.4/MWh, following the gas

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Harnessing digital for successful energy management

COVID-19 has forced everyone to rethink their relationship with technology. As organisations have found themselves forced into accelerating their plans for digital transformation to enable remote working and continue operating effectively, if you haven’t already, now is the time to consider how digital can support your energy management. There are numerous benefits to digitising your

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Wholesale Energy Market Review 5 February 2021

Wholesale Market News

Headlines It has been a relatively mixed week in terms of pricing fundamentals for both gas and power markets. Most seasonal contracts saw price rises, while short-term and day-ahead contracts declined. Day-ahead gas fell 9.7% to 53.25p/th, with a period of warmer weather at the start of the week coupled with system oversupply. Similarly, day-ahead

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