Accomplished Service Delivery Manager joins TEAM’s Energy Bureau

We continue to grow our Energy Bureau department, with former Opus Energy Accounts Manager, Ross Whalen, joining the business. Ross’ appointment as Service Delivery Manager is part of ambitions to extend our Bureau service, and develop the solutions we offer to meet the challenges of energy and carbon reduction management. Having worked in the energy

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Wholesale Energy Market Review 22 October 2021

Wholesale Market News

Headlines This week, all power contracts reported losses, while price movements in gas contracts were more mixed. Day-ahead gas traded 9.3% lower at 205.00p/th amid lower gas-for-power demand and system oversupply towards the end of the week. All seasonal gas contracts went up this week, rising by an average of 3.9%. Following its gas counterpart,

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Wholesale Energy Market Review 15 October 2021

Wholesale Market News

Headlines The higher wholesale price benchmarks set across the last month continued again this week, albeit showed signs of softening from the recent spell of strong day-on-day price volatility. Day-ahead gas slipped 1.7% to 226.00p/th, following a more comfortable supply picture through both higher domestic and Norwegian supply volumes. Day-ahead power fell 6.1% to £200.00/MWh,

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Spreadsheets aren’t databases – is it time to change?

Ensuring your data is good quality, consistent and reliable is important to be able to understand and report on your energy data. Choosing the correct system to do this is key to successfully utilising your data to identify anomalies, optimise your energy efficiency and make cost savings. Despite spreadsheets being a popular tool to manage

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Wholesale Energy Market Review 11 October 2021

Wholesale Market News

Headlines It was a relatively mixed week for gas and power contracts this week, with the most pronounced losses seen on the far-curve, with near-term contracts continuing to hold onto unseasonably high price points. Day-ahead gas rose 2.2% to 230.00p/th, with the global gas supply outlook remaining notably tight. In Support, day-ahead prices reach their

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Wholesale Energy Market Review 1 October 2021

Wholesale Market News

Headlines This week represented another bullish week for gas and power contracts, with significant gains most pronounced in shorter-term contracts. Day-ahead gas rose 35.5% to 225.00p/th, continuing to benefit from an on-going tighter global gas supply outlook. The day-ahead contract also reached a record high on 1 October at 225.00p/th. Day-ahead power trends mirrored the

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