Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Month: June 2017

Gas and power market update

Gas Market Trends What’s Been Happening? The majority of seasonal gas contracts decreased during May, falling 2.5% on average, following oil prices downwards Seasonal gas prices remained higher than their levels last year Winter 17 gas declined 1.8% to 45.7p/th, compared to 38.3p/th in May 2016 Summer 18 gas...

Manifestos show plans to bear down on energy costs

Following Prime Minister Theresa May’s calling of a snap general election, political parties have released their manifestos, describing the policies they would implement in the next government. With a range of different priorities between the parties, the future of the energy landscape is set to be defined by the...

Continued losses in power markets

During May, prices continued to fall in the gas and power markets, with all gas contracts experiencing losses and nearly all power contracts following downwards. Brent crude oil, API 2 coal and EU ETS carbon prices also reduced. In May, day-ahead gas extended losses, down 1.9% to 39.2p/th, the...