Author: Charlotte Bland

27 January 2023

Headlines All wholesale gas and power contracts experienced week-on-week losses this week, as we continue to observe the continual decline of wholesale energy prices in the early part of 2023 to date. Day-ahead gas fell 12.4% to 138.00p/th, following warmer weather trends, particularly as the week progressed – coupled with higher levels of renewable generation, […]

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TEAM Energy named as a supplier on the RM6313 – Demand Management and Renewables Dynamic Purchasing System to support the public sector

We have been named a supplier on the RM6313 – Demand Management and Renewables (DMR) Dynamic Purchasing System (DPS) Agreement. Through this DPS we can provide our products and services to any public sector organisations to help them achieve their energy and sustainability goals. The DMR DPS is due to replace the RM3824 Heat Networks […]

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20 January 2023

Headlines The majority of wholesale gas and power contracts experienced week-on-week losses this week, with day-ahead baseload power being the notable outlier. We continue to see the downturn of wholesale energy prices, particularly in comparison to pre-Christmas levels. Furthermore, day-ahead gas fell 5.1% to 157.50p/th, following the continued receipt of higher levels of LNG deliveries […]

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TEAM Energy announces place on the G-Cloud 13 Framework

We are pleased to have successfully been awarded a place on the latest iteration of the Crown Commercial Service (CCS) G-Cloud Framework. This allocation will help us to continue to support public sector organisations with their energy management and carbon reduction strategy through the use of our cloud-based services. As rising energy costs continue to […]

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What does the UK Government’s Energy Relief Scheme mean for your organisation?

During the autumn Mini-Budget, Chancellor of the Exchequer, Kwasi Kwarteng, announced the Energy Bill Relief Scheme. The scheme aims to support businesses with the increasing cost of energy use and protect them against the rising price of wholesale energy. Under the scheme, organisations will receive a discount on the unit price of their gas and […]

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26 August 2022

Headlines All gas and power contracts increased this week, with many longer-term contracts hitting all-time highs. Gas contracts along the curve were pushed higher following news that Nord Stream 1 will shut down for three days of maintenance at the end of August. This fuelled concerns of tight supply margins, with Norwegian gas fields and […]

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UK Government ESOS Phase 3 consultation outcome published

Our Head of Operations, Timothy Holman, explains the outcome of the UK Government’s ESOS Phase 3 consultation and what the changes mean for organisations that fall into scope. Following a Government consultation last year, The Department for Business, Energy and Industrial Strategy (BEIS) has published the long-awaited outcome detailing how they are planning to strengthen the […]

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