Blog

UK Gas & Power: Geopolitical Uncertainty, Unplanned Outages Keep Market on Edge

Head of Sales Trading, Jean-Philippe Marty, reports on energy market activity, covering the period 18th June – 24th June 2024. On our end-of-day pricing tool, The Source, we published an in-week high of £89.21/MWh for the Winter-24 seasonal power price on 20th June. In this blog, JP shares the market news and updates from the last week. 

Last Tuesday opened with a mixed picture for European gas prices. While gains were registered across power and gas contracts, driven by strength in the UK...

Read more

Blog

UK Gas & Power: Lingering Outages, Weather Swings Drive Volatility Across European Energy

Head of Sales Trading, Jean-Philippe Marty, reports on energy market activity, covering the period 11th June – 17th June 2024. On our end-of-day pricing tool, The Source, we published an in-week high of £89.88/MWh for the Winter-24 seasonal power price on 13th June. In this blog, JP shares the market news and updates from the last week. 

European gas prices were jolted higher on Tuesday as unplanned outages hit supply. The Visund gas field in Norway was reported down 15.4mcm/d while the...

Read more

Blog

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 4th June – 11th 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 4th 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...

Read more

Blog

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

VP Trading, Fanos Shiamishis, reports on energy market activity, covering the period 28th May – 3rd 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 3rd 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...

Read more

Blog

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...

Read more

Blog

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...

Read more

Blog

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...

Read more

Blog

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...

Read more

Blog

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...

Read more

Blog

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...

Read more