Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Month: January 2018

Gas and power markets update

Gas market trends Across December seasonal contracts remained largely unchanged from the previous month, declining on average just 0.2%. The largest loss was observed in the summer 19 gas contract, which fell 1.5% to average 41.8p/th Despite this downward trend, the front two seasonal contracts experienced minimal gains, as...

Gov’t announces reforms to key energy schemes

Recently there have been a number of major changes to key government energy schemes, including multiple amendments to the Contracts for Difference (CfD) scheme and Capacity Market. On 15 December BEIS issued a consultation exploring a range of proposed amendments within six main areas of the CfD scheme, which...

Near-term power and gas rise with bullish commodities

Throughout December near term power and gas contracts experienced gains, with day-ahead gas reaching a four-year high, while its power equivalent hit a six-month high. Day-ahead gas prices across the month leapt 12.8% to average 59.5p/th, extending upon the gains observed across November where prices averaged 52.8p/th. On 12...