Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Month: May 2016

Business energy market trends

Power market trends What’s been happening? The annual October 16 baseload power contract improved 1.8% to average £35.0/MWh following both gas and commodity markets higher. In contrast, day-ahead power followed its gas counterpart lower, losing 1.2% to average £33.9/MWh. Key market drivers Recent surges in commodity prices have helped...

Power prices rise following gains in gas and commodities

There was a general bullish trend in the energy markets during April with most gas and power contracts experiencing gains. Seasonal gas prices moved away from the seven-year lows of last month, gaining 2.9% on average, as all contracts improved. Winter 16 gained 0.7% to average 33.5p/th. Summer 17...

Energy industry considers Brexit impact

The government has joined a range of industry stakeholders in warning that a vote to leave the EU next month could ultimately come at a significant cost to UK energy users. Energy Union Decisions made at the EU level have a significant bearing on the UK’s energy system, driving...