Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Month: October 2018

October markets update

Gas market trends What’s been happening? In September, day-ahead gas prices increased 18.3% to average 74.1p/th The month-ahead (October) gas contract went up 16.5% to average 73.5p/th, peaking at 78.3p/th on 24 September All seasonal gas contracts grew in September, up 11.4% on average Winter 18 and winter 19...

Opportunities of electric vehicles

Electric vehicles (EVs) have been gaining increased attention within the energy sector as policy makers look to move beyond decarbonising power to other sectors, including transport, and to tackle issues such as air pollution and the energy security implications of reliance on imported fossil fuels. As well as providing...

Wholesale prices reach fresh highs

Wholesale power and gas prices continued to rise throughout September, with many contracts rising for a seventh consecutive month and reaching fresh record highs. Looking towards near-term power contracts, day-ahead power went up 9.4% to average £67.7/MWh. Prices rose throughout the month amid relatively low renewables output, which acts...