Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Month: December 2020

COVID Crisis Slows Energy Efficiency, Increasing Need for Urgent Action

International climate goals are under threat following energy efficiency’s weakest progress in a decade. Global progress on energy efficiency has slowed this year due to the economic impact of the Coronavirus pandemic, making it more difficult for nations to reach international energy and climate goals. According to a new...

Oil Rises Towards $50/bbl following OPEC+ Supply Compromise

Following a cautious supply agreement between Russia and the Organisation of Petroleum Exporting Countries (OPEC), oil prices have reached their highest level since March. On Thursday 3rd December, Russia and OPEC (a group known as OPEC+) agreed to boost oil supplies by 500,000 barrels a day from January, a...

December Markets Update

Gas On 30th November, market close data revealed the one-year forward price for commercial gas closed at 38.81 ppt, a small rise since the end of October (88.60 ppt). With a cold weather forecast for the month ahead, this upward trend is expected to continue throughout December.   Power...
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