Wholesale Energy Market Review 27 August 2021

Wholesale Market News

Headlines Bullish momentum across gas and power markets continued this week, following a short-lived bearish period of prices in the week prior. Subsequently, day-ahead gas rose 12.8% to 116.50p/th, following a stronger demand profile observed throughout the majority of the week, combined with lowering Norwegian gas flows, restricting gas supply into GB in turn. Day-ahead

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TEAM Energy expands its regional offering with Northern based Energy Consultant appointment

Elmhurst accredited Commercial Energy Assessor, Blessing Amin, has joined TEAM Energy as part of the our strategic growth plans, and to provide a more competitive service offering to customers based in the Midlands and North of England. A Level 4 Energy Performance Certificate (EPC) and Display Energy Certificate (DEC) assessor, Blessing is experienced at building

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Wholesale Energy Market Review 20 August 2021

Wholesale Market News

Headlines On balance, the picture for gas and power prices this week was predominately mixed, but slightly favouring a more bearish outlook. Whilst a significant amount of contracts across gas and power markets fell this week, prices generally remain at significant highs, achieving record highs in the week also. Day-ahead gas fell 6.1% to 103.25p/th,

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Wholesale Energy Market Review 13 August 2021

Wholesale Market News

Headlines The bullish picture for gas and power markets generally continued this week, with most contracts rising or holding onto recent gains. Subsequently, day-ahead gas rose 0.9% to 110.00p/th, supported by a back-drop of low gas in storage across Europe and the UK. Day-ahead power looking at Friday-on-Friday price movements, remained unchanged at £105/MWh, maintaining

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TEAM’s Net Zero and Carbon Reduction Consultancy services helping organisations meet their net zero challenge’s

The science is clear, the UK needs to change its carbon emissions output to tackle the growing climate crisis. The UK has a target to reduce emissions 68% by 2030 and 78% by 2035, with the goal of achieving net-zero emissions by 2050. In response to the mounting pressure to meet these targets, from the

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Wholesale Energy Market Review 6 August 2021

Wholesale Market News

Headlines Retaining their bullish momentum, the majority of gas and power contracts reported gains this week. Day-ahead gas rose 6.9% to 109.00p/th, finding support from lower UKCS production and a drop in Norwegian imports during the week, alongside forecasts of increased gas-for-power demand at the week’s end. Despite reducing mid-week, day-ahead gas prices reached a

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