Wholesale Energy Market Review 24 December 2021

Wholesale Market News

Headlines Near-term gas and power contracts moved lower this week ahead of the festive period. However, longer-term contracts continued to show gains. Day-ahead gas dropped 21.5% to 267.00p/th, with demand set to drop over the Christmas holiday period. Prices are still over 200.00p/th higher than the same time last year amid concerns over tight supplies,

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Wholesale Energy Market Review 17 December 2021

Wholesale Market News

Headlines This week saw strong bullish price movements in both gas and baseload power contracts. Day-ahead gas rose 33.3% to 340.00p/th, following rising demand and renewed concerns surrounding Russian gas deliveries via the Nord Stream 2 pipeline. Day-ahead power jumped up 68.1% to £400.00/MWh, drawing on bullish momentum seen in near-term gas contracts and exacerbated

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Wholesale Energy Market Review 10 December 2021

Wholesale Market News

Headlines Generally, wholesale energy prices underwent another strong week of price growth, with gains across all contracts in gas and baseload power, the outlier being the summer 24 gas contract. Day-ahead gas rose 9.9% to 255.00p/th, following select periods of system undersupply and lower Norwegian imports, after an unplaned outage at Troll gas field. Similarly,

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Wholesale Energy Market Review 3 December 2021

Wholesale Market News

Headlines This week had yet another predominately bullish stance, with strong gains made across most gas contracts, including further along the forward curve. Similarly, power prices enjoyed consistent growth from the week previous, with losses on the day-ahead power contract the notable outlier. Day-ahead gas rose 3.1% to 232.00p/th, gaining support from the continuation of

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Further endorsement for TEAM’s Energy Conscious Consultancy

One of our Energy Services newest members, Tom McLeish, is now a registered Energy Conscious Organisation (EnCO) Consultant. He joins the organisation’s Head of Consultancy, Tim Holman, and Senior Consultants, Helder Galrinho and Sam Arje, who is also an EnCO Practitioner, helping organisations change their approach to energy management. The EnCO initiative, managed by the

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