Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Month: June 2018

Gas and power markets update

Gas market trends What’s been happening? Day-ahead gas prices rose 9.4% to average 55.9p/th The month-ahead (June) gas contract climbed 14.0% to average 54.4p/th, peaking at 58.6p/th on 30 May Gas prices witnessed bullish growth in May, with seasonal contracts from winter 18 to winter 20 rising 11.5% on...

The role of gas in a changing energy landscape

As the UK shifts towards low-carbon sources of energy generation, gas continues to play a major role in the country’s current energy mix. But with the majority of coal power generation already replaced, what scope is there for the future of gas? As renewables capacity continues to increase and...

Power prices hit fresh highs on commodities upsurge

All power and gas contracts along the forward curve rose in May, with some reaching multi-year highs. Prices continued to be supported by a bullish commodity market which posted fresh highs for oil and carbon. Day-ahead gas prices climbed 9.4% to average 55.9p/th. Day-ahead gas prices dropped in early...