Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Month: August 2021

August Markets Update

Gas Gas prices dropped slightly during the first half of July despite day-to-day volatility. However, by the end of the month, prices had rocketed to record highs. Supply uncertainty continues throughout July as the UK’s gas storage levels remain unable to start a recovery. This is due in part...

Grid Emissions Rise Amid 34-Day Coal Burning Streak

Figures from the National Grid ESO show the UK grid’s carbon intensity is already higher for 2021 than in 2020. 2020 saw the UK on track to meet its targets to cease burning coal for power generation by 2025. However, as the UK Government announced plans to bring this...

US and Germany Reach Deal Over Russian Gas Pipeline

A deal has been struck between the US and Germany to allow completion of the controversial $11 billion Nord Stream 2 pipeline. The nearly complete 1,230km (764 miles) pipeline under the Baltic Sea has been a long-standing point of contention between the otherwise aligned regions. The agreement, announced on...
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