Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Month: November 2018

November markets update

Gas market trends What’s been happening? In October, day-ahead gas prices decreased 9.8% to average 66.9p/th The month-ahead (November) gas contract went down 9.6% to average 70.6p/th, dropping to 64.5p/th on 31 October amid high LNG imports Most seasonal gas contracts fell in October, down 1.0% on average Summer...

Limiting global warning – challenges

On 8 October the UN’s Intergovernmental Panel on Climate Change (IPCC) published a new report described as its most urgent and far-reaching call yet for greenhouse gas emissions cuts. It compared the implications for different global average temperature increase scenarios and called for actions to limit warming to 1.5C...

Wholesale prices fall as winter approaches

Many wholesale power and gas contracts fell last month for the first time since June, following commodities lower as high LNG imports and comfortable power and gas supplies gave some relief as we move into winter. Looking towards power contracts for delivery in the near-term, day-ahead power went down...