Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Month: September 2017

Engage employees in energy efficiency

Every employee has a role to play in energy efficiency. If you want to start reducing energy consumption in your business, you’ll need to engage your employees. Energy efficiency doesn’t always have to be complex to make a difference.  Simply by encouraging basic energy saving habits, you can save...

Gas and power market update

Gas Market Trends What’s been happening? All seasonal gas prices experienced gains in August, rising 3.8% on average, with many hitting multi-month highs Winter 17 gas jumped 5.9% to 47.6p/th, 8.9% above its value of 43.7p/th in August 2016. On 30 August, the contract reached a six-month high of...

Brexit: Potential risks and benefits to energy sector

Brexit could have significant implications for the energy sector. Domestic energy law and regulations are heavily influenced by EU rules and legislation, as countries across the European bloc look to increase energy interconnectedness. Unwinding elements of this will take some time and could be counterproductive to energy security and...

Commodities costs and power prices continue to climb

A number of gas and power contracts hit multi-month highs in August along with Brent crude oil, API 2 coal and EU ETS carbon prices. In August, day-ahead gas gained 18.0% to average 42.7p/th, its highest monthly average in six months, as Norwegian supply disruptions and an unplanned outage...