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UK Gas & Power: Shifting Norwegian Supply Picture Keeps European Energy on the Move

VP Trading, Fanos Shiamishis, reports on energy market activity, covering the period 4^th June – 11^th June 2024. On our end-of-day pricing tool, The Source, we published an in-week high of £90.11/MWh for the Winter-24 seasonal power price on 4^th June. In this blog, Fanos shares the market news and updates from the last week. 

Tuesday saw prices decline across energy products. The UK gas system was oversupplied in the morning as the Norwegian Nyhamna outage was expected to last less time than...

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UK Gas & Power: Comfortable Fundamentals Settle Outage and Supply Concerns

VP Trading, Fanos Shiamishis, reports on energy market activity, covering the period 28th May – 3^rd June 2024. On our end-of-day pricing tool, The Source, we published an in-week high of £93.88/MWh for the Winter-24 seasonal power price on 3^rd June. In this blog, Fanos shares the market news and updates from the last week. 

Last Tuesday, European gas prices started the week lower as traders took profit from recent gains and forecasted temperatures remained above average for the next two...

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Emerging Trends in the Future PPA Market

Delve into the evolving landscape of power purchase agreements (PPAs) as Business Development Manager, James Clark, sheds light on the dynamic shifts, risks, and opportunities shaping the renewable energy sector, following an engaging ‘PPA Market Outlook’ panel discussion at the All-Energy Conference 2024.

The Evolution of the PPA Market 

At 35GW in size, the PPA market in Great Britain has been fundamental to the development of renewable generation capacity, and PPAs will continue to...

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Understanding P432 Modification: Key Information and Impacts

Learn about the Ofgem-approved P432 modification and its impact on your energy billing. Discover how this transition to half-hourly settlements will benefit small business customers by promoting flexible energy usage and reducing costs.

Donna Kavanagh, Metering Team Leader, shares important information about the P432 modification, recently approved by Ofgem. This modification mandates the transition of both existing current transformer (CT) advanced meters and new CT meter connections to a...

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UK Gas & Power: North Sea Woes Overshadow Bearish Signals for European Gas Prices

VP Trading, Fanos Shiamishis, reports on energy market activity, covering the period 21st May – 24th May 2024. On our end-of-day pricing tool, The Source, we published an in-week high of £69.85/MWh for the Summer-26 seasonal power price on 24th May. In this blog, Fanos shares the market news and updates from the last week. 

UK Gas & Power: Maintenance, Supply Risks Overtake Bearish Signals in European Energy Rally

Tuesday saw the UK gas system undersupplied in the morning. In the...

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UK Gas & Power: Maintenance, Supply Risks Overtake Bearish Signals in European Energy Rally

VP Trading, Fanos Shiamishis, reports on energy market activity, covering the period 14th May – 20th May 2024. On our end-of-day pricing tool, The Source, we published an in-week high of £66.88/MWh for the Summer-26 seasonal power price on 20th May. In this blog, Fanos shares the market news and updates from the last week. 

UK Gas & Power: Maintenance, Supply Risks Overtake Bearish Signals in European Energy Rally

Tuesday saw the UK gas system undersupplied in the morning. In the...

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UK Gas & Power: Flipping Forecasts Whipsaw UK Energy Prices in Two-Way Trade

VP Trading, Fanos Shiamishis, reports on energy market activity, covering the period 7th May – 13th May 2024. On our end-of-day pricing tool, The Source, we published an in-week high of £64.52/MWh for the Summer-26 seasonal power price on 10th May. In this blog, Fanos shares the market news and updates from the last week. 

UK Gas & Power: Flipping Forecasts Whipsaw UK Energy Prices in Two-Way Trade

Tuesday saw the UK gas system oversupplied in the morning amid forecasts for above...

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Power Up Your PPA Knowledge: A Guide to the Evolving Market Ahead of All Energy 2024

The UK's energy market is in flux, presenting both challenges and opportunities for generators navigating the changing landscape of Power Purchase Agreements (PPAs). In this blog, James Clark, Business Development Manager, offers a sneak peek at the insights he will be sharing at his upcoming panel discussion at All Energy 2024. He explores the impact of recent market volatility, the rise of flexible PPAs, and the exciting potential of Corporate PPAs (CPPAs) with innovative structures like...

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Weekly market update - UK Gas & Power: Momentum Trading Trumps Fundamentals in Volatile Week for UK Markets

VP Trading, Fanos Shiamishis, reports on energy market activity, covering the period 30th  April – 3rd May 2024. On our end-of-day pricing tool, The Source, we published an in-week high of £64.03/MWh for the Summer-26 seasonal power price on 2^nd May. In this blog, Fanos shares the market news and updates from the last week. 

UK Gas & Power: Momentum Trading Trumps Fundamentals in Volatile Week for UK Markets

European gas prices recovered on Tuesday due to a slight drop in Norwegian...

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Weekly market update - UK Gas & Power: Temperature Swings, Norwegian Maintenance Inject Volatility Into UK Markets

Head of Sales Trading, Fanos Shiamishis, reports on energy market activity, covering the period 23rd  April – 29th April 2024. On our end-of-day pricing tool, The Source, we published an in-week high of £65.41/MWh for the Summer-26 seasonal power price on 24^th April. In this blog, Fanos shares the market news and updates from the last week. 

Tuesday saw bearish sentiment prevail despite an increase in day-ahead gas burn for power generation, as demand was expected to ease thereafter....

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