Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Month: March 2017

March gas and power market update

Gas Market Trends What’s Been Happening? All seasonal gas prices lost during February, falling 2.7% on average Seasonal gas prices remained higher than their levels last year Summer 17 gas slipped 2.7% to average 44.7p/th, higher than the price at the same time last year (31.9p/th) Winter 17 gas...

Survey shows businesses wary of rising energy costs

Business energy bills are set to be pushed upwards by a combination of wholesale energy price rises and increases in non-energy costs, such as government policies and network charges. The scale of these changes, as well as how businesses are reacting to them, was explored in research released on...

Prices fall across gas and power markets

During February, prices generally decreased across gas and power markets. This was largely driven by milder temperatures, which resulted in decreased gas and power demand. By contrast, Brent crude oil, API 2 coal and EU ETS carbon prices increased. In February, day-ahead gas slipped 3.2% to average 51.6p/th, amid...