Wholesale Energy Market Review 26 March 2021

Wholesale Market News

Headlines It was a largely bullish week for gas and power contracts, with some exceptions in day-ahead power and longer-term seasonal power contracts. As such, day-ahead power fell 24.9% to £47.75/MWh, with strong wind generation throughout periods of the week, coupled with wavering demand. Most seasonal power contracts declined this week, down on average by

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Reinforcing our Behaviour Change Programmes with EnCO Practitioner accreditation

Reinforcing our Behaviour Change Programmes with EnCO Practitioner accreditation

With the UK committed to reducing Greenhouse Gas (GHG) emissions to net zero by 2050, organisations are feeling the growing pressure to decarbonise and work towards becoming more sustainable. Our CPD accredited Behaviour Change Programmes for Sustainable Business supports organisations with transforming their company culture to become an Energy Conscious Organisation (EnCO), helping them work towards

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Wholesale Energy Market Review 19 March 2021

Wholesale Market News

Headlines It was a largely bearish week for gas and power markets this week. Day-ahead gas fell 6.4% to 43.80p/th, as the system ended the week oversupplied amid high levels of LNG send-out, while Asian LNG prices also fell. Similarly, day-ahead power fell 5.1% to £63.58/MWh, following gas prices lower and forecasts of higher wind

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Wholesale Energy Market Review 12 March 2021

Wholesale Market News

Headlines Gas and power contracts experienced bullish price movements this week. Day-ahead gas rose 4.7% to 46.80p/th, generally benefitting from reduced temperatures expected at the start of next week and forecast weaker wind generation, resulting in increased gas-for-power demand as a result. Day-ahead power remained static at £67.00/MWh, comparing Friday-on-Friday price movements. Increased wind generation

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Planning for a green future, looking past the 10-point plan

Timothy Holman

As we see a pathway out of the pandemic, TEAM’s Head of Consultancy, Timothy Holman examines what the Government’s net zero ambition really means to UK businesses and, in a countdown to the climate change summit, COP26, considers how they can be part of the journey to decarbonisation. Two years ago, when the UK became

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Wholesale Energy Market Review 5 March 2021

Wholesale Market News

Headlines It was a largely bullish week for gas and power contracts this week. Day-ahead gas rose 9.3% to 44.70p/th, as the system was largely undersupplied for the majority of the week. Day-ahead power similarly rose, lifting 1.6% to £67.00/MWh, following tight supply margins, with periods of correlated low wind output. April 21 gas was

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