Wholesale Energy Market Review 25 February 2022

Wholesale Market News

Headlines This week has represented a significant upward shift in gas and power prices for near-term contracts as well as further along the forward curve, primarily in response to news surrounding the Russian invasion of Ukraine. Subsequently, day-ahead gas rose 50.0% to 255.00p/th, following the aforementioned news war has broken out in Ukraine, fuelling future

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Data analysis, research and reporting expert joins TEAM’s Energy Services team

Sustainability and carbon data analyst, Hannah Messham, has joined TEAM’s Energy Services to support customers with their energy management and carbon emissions targets. Hannah’s appointment makes a great addition to the business as it continues to expand its Energy Consultancy arm to offer a wider range of services designed to meet the UK’s accelerated efforts to

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Wholesale Energy Market Review 18 February 2022

Wholesale Market News

Headlines This week has seen the introduction of more bearish movements across most gas and power contracts, with more pronounced losses seen in near-term contracts while smaller losses were observed further along the forward curves. Day-ahead gas fell 4.1% to 170.00p/th, following periods of stronger Norwegian imports into GB, softening the general trend of tight

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Wholesale Energy Market Review 14 February 2022

Wholesale Market News

Headlines All gas contracts moved lower this week, with the majority of power contracts following suit. Day-ahead gas lost 5.7% to 177.20p/th, amid strong flows from Norway and forecasts of lower gas-for-power demand early next week. March 22 gas dropped 8.0% to 180.46p/th, while the April 22 contract fell 7.7% to 179.82p/th. Further along the

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Your Electricity Distribution (DUoS) charges are changing in April: what will it cost you?

Last year Ofgem announced changes to the way they charge consumers for the cost of distributing electricity around the national grid, known as the Distribution Use of System (DUoS) charges. With these changing in April this year, our Principal Consultant, Greg Armstrong, explains why affected organisations should act now to mitigate the inevitable impact on

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Wholesale Energy Market Review 4 February 2022

Wholesale Market News

Headlines This week was saw a largely bearish sentiment across GB gas and power contracts. The most pronounced week-on-week losses were obserbed in near-term contracts, due to easing pressures on system fundamentals in the week. Subsequently, day-ahead gas fell 14.2% to 188.00p/th, following periods of stronger Norwegian imports and increased LNG cargo deliveries to the

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