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Energy Market Update – December 2024
November Recap As Winter 24 got into full swing, prices increased steadily while the temperatures slowly dropped. Month ahead gas prices increased by 16% from month start to month end. Power followed a similar, although slightly less volatile, pattern as it increased by 10.5%. The UK had paid close attention to its gas storage stocks…
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Energy Market Update – November 2024
October Recap In October, gas and electricity prices saw a continued rise from September, then plateaued, before spiking towards the end of the month. The main factors driving these increases were significant developments in the conflicts in Ukraine and the Middle East. In Israel, military action intensified as troops moved into Lebanon to expel Hezbollah…
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Energy Market Update – October 2024
September Recap Contrary to the last update written a few days before month close, a late surge in wind generation saw our turbines beat gas to the final post for the top generator, albeit it was close. September typically marks the second round of Norwegian maintenance. After a somewhat turbulent 2023 maintenance window, the markets…
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Energy Market Update – September 2024
August Recap: August represented a solid month for the fundamentals in the market. Despite the beginning of intense Norwegian gas maintenance at the end of the month, gas supply was healthy throughout the month with little demand, meaning large volumes of surplus gas were redirected into storage. This represented a ~5,000GWh increase on last year’s…
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What costs will you find on your electricity bill?
A look at the main types of cost you will find on your electricity bill, what they are and how they are billed.
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How to measure energy
Find out the common units of measurement and how oils and bulk fuels, gas, heat and electricity are measured in order to evaluate and compare costs and assess how efficiently it’s being used.
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Spark Spread: what is it and what does it mean?
Learn about the importance of Spark Spread to measure the profitability of electricity generation and how to calculate it for your own CHP.
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Fuel oil duty rebate for horticulture
Find out how fuel oil duty rebate works in practice, how it appears on your fuel bill, and its impact on the net cost of your fuel.
