Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Month: July 2019

July Markets Update

Gas market trends All seasonal gas contracts fell in June, decreasing 1.5% on average. Winter 19 gas dropped 5.7% to average 51.3p/th. Summer 20 gas fell 1.7%, averaging 44.4p/th in June, a 1.1% increase from the same time last year. The annual October gas contract fell 3.9% to average...

Clean Energy Overtakes Fossil Fuels

Britain is now obtaining more power from zero-carbon sources than fossil fuels, according to a report by the National Grid. Annual power generation data from the last decade shows Britain’s reliance on cleaner energy sources such as wind, solar, nuclear and hydro power will overtake fossil fuels such as...

Brexit Could Leave UK Short on Energy

The UK would be vulnerable to gas supply shortages and price hikes after Brexit, according to a BBC report. The UK imports almost half the gas it consumes via pipelines from Europe. Brexit could mean that EU nations would be able to impose tariffs on their gas and electricity...