Wholesale Energy Market Review 30 July 2021

Wholesale Market News

Headlines It was another mostly bullish week for gas and power contracts in GB this week, continuing trends observed across much of July. Day-ahead gas rose 13.3% to 102.00p/th, following periods of undersupply during the week and buoyed by prolonged maintenance works across the NCS reducing flows into GB from Norway. Day-ahead gas prices reached

Read more

Experienced performance and contracts manager joins TEAM’s growing Energy Bureau

Matthew Cooper

Former contracts manager for Opus Energy, Matthew Cooper, has joined our Energy Bureau department to support its continued growth and deliver customer service excellence. Strengthening the company’s Service Delivery team, Matthew will manage a number of customer relationships, and help drive performance improvements across our portfolio management and bill validation service. Matthew has over 10-years’ experience working

Read more

Wholesale Energy Market Review 23 July 2021

Wholesale Market News

Headlines It was a largely bullish week again for GB gas and power markets this week, building on recent upward drivers. Subsequently, day-ahead gas rose 3.1% to 90.00p/th, rebounding from losses in the week prior, driven by the continued low levels of gas in storage and reduced North Sea pipeline flows in the week .

Read more

Wholesale Energy Market Review 16 July 2021

Wholesale Market News

Headlines It was a predominately bearish week for gas and power contracts this week, slipping from record highs across most markets. As a result, day-ahead gas fell 3.5% to 87.30p/th, weighed by periods of system oversupply and generally wavering demand throughout the week . Similarly, day-ahead power dropped 4.9% to £92.25/MWh, falling from record highs

Read more

Wholesale Energy Market Review 9 July 2021

Wholesale Market News

Headlines It was a relatively mixed week for pricing fundamentals across gas and power markets this week, with competing bullish and bearish trends observed. Day-ahead gas fell 7.5% to 90.50p/th, but still remained significantly higher than expected for this time of year in what was quite a volatile week for gas prices. Periods of system

Read more

Stepping up to net zero before it’s too late

Stepping up to net zero before it's too late

As pressure mounts on UK businesses to be working towards the Government’s net zero target, now is the time for them to address how a net zero strategy can become part of their purpose. Whilst 2050 seems like a long way off, mitigating climate change, improving climate resilience, and protecting our planet for the future

Read more

Wholesale Energy Market Review 2 July 2021

Wholesale Market News

Headlines Power and gas contracts continued their recent bullish run this week, with record highs observed across both day-ahead contracts. Day-ahead gas leapt 21.0% to 97.85p/th, the contracts highest price since March 2018. Near-term gas prices have been supported by high gas-for-power demand, coupled with curtailed Norwegian supplies and low gas storage levels. Longer dated

Read more
  • Blog & News Archive

    • 2021 (54)
    • +2020 (84)
    • +2019 (87)
    • +2018 (59)
    • +2017 (32)
    • +2016 (33)
    • +2015 (57)
    • +2014 (26)
    • +2013 (13)
    • +2012 (8)
    • +2010 (1)