Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Month: September 2018

September markets update

Gas market trends What’s been happening? In August, day-ahead gas prices increased 6.8% to average 61.6p/th The month-ahead (September) gas contract went up 6.0% to average 62.0p/th, peaking at 68.6p/th on 29 August All seasonal gas contracts grew in August, up 5.1% on average Winter 18 and winter 19...

Capacity market under review

The Capacity Market (CM) is a government scheme to ensure that demand for electricity can be met at all times. The CM was introduced by the UK government in 2014 as part of its Electricity Market Reform package. It was put in place to respond to new challenges faced...

Wholesale prices hit fresh highs

Wholesale power and gas prices rose across the board in August, with many contracts rising for a sixth consecutive month. In the nearer term, day-ahead power went up 5.8% to average £60.9/MWh. Prices rose as low renewables output led to more expensive forms of generation meeting demand, with the...