Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Tag: business gas

COP26 and the Agreements Made

It may seem like ages since the crucial two-week conference took place in Glasgow in November.  At the end an agreement was reached – though not legally binding – to reduce the worst impacts of climate change.  Some leaders and campaigners felt it did not go far enough. As...

Gas and power market update

Gas Market Trends What’s Been Happening? The majority of seasonal gas contracts decreased during May, falling 2.5% on average, following oil prices downwards Seasonal gas prices remained higher than their levels last year Winter 17 gas declined 1.8% to 45.7p/th, compared to 38.3p/th in May 2016 Summer 18 gas...

Continued losses in power markets

During May, prices continued to fall in the gas and power markets, with all gas contracts experiencing losses and nearly all power contracts following downwards. Brent crude oil, API 2 coal and EU ETS carbon prices also reduced. In May, day-ahead gas extended losses, down 1.9% to 39.2p/th, the...
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