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Big Six – Is the reign of the Big Six coming to an end?

Is the reign of the Big Six coming to an end? Mains-supplied natural gas is the go-to source for around 80% of UK households, as well as numerous businesses. The domestic and commercial mains gas market is a lucrative business, and a prime location for competition from independent suppliers. With this rise in competition, are…
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Small Business Market Update Tuesday 7 August 2018

Small Business Market Update Tuesday 7 August 2018   What has happened to Gas prices this week?   UK gas prices increased from the previous week with a number of bullish fundamentals weighing in on the market.   Oil prices increased late on Friday 3rd August following threats by Iran that they would block the…
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Daily Energy Market Report Friday 27th July 2018

Daily Energy Market Report Friday 27th July 2018   NBP prompt opened lower this morning off the back of a comfortable system and an increase in greater wind generation. The temperature forecast is a warm one with cooler weather coming in over the weekend but then picking up again next week. For the week after…
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Daily Energy Market Report Thursday 26th July 2018

Daily Energy Market Report Thursday 26th July 2018   NBP prompt has opened lower this morning as UK power burn has lowered this weekend and into next week on the back of better wind production. The UK and continent is very warm for the rest of the working week, but cooler this weekend and early…
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History of Energy Prices Wednesday 30 May 2018

History of Energy Prices Wednesday 30 May 2018   Historic Factors   30 May 2018 – Oil prices fell as Russia hinted at increasing production to offset the reduced exports from Venezuela & Iran, following both countries having sanctions placed on them by the US.   22 May 2018 – Carbon EUA’s continue to climb…
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Daily Energy Market Report Tuesday 24th July 2018

Daily Energy Market Report Tuesday 24th July 2018   NBP prices have opened lower but have since risen off the back of rises in oil. Oil softened yesterday as easing concerns over the escalating trade war between the US and China and figures indicating an oversupply outweighed geopolitical tensions between Iran and the US. However…
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Daily Energy Market Report Friday 20th July 2018

Daily Energy Market Report Friday 20th July 2018   Day on day the NBP has opened long with the system being 11.4mcm oversupplied this morning with demand 20mcm above seasonal normal levels driven by high cooling demand. CCGT demand is 0.6mcm higher today as wind levels remain low below seasonal – norms and this is…
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History of Energy Prices Wednesday 18 July 2018

History of Energy Prices Wednesday 18 July 2018   Historic Factors   16 July 2018 – Oil saw the largest intraday drop for 2 years after falling around $3.50/bbl. off the back of a potential increase in Russian production, Norwegian oil worker strikes ending and the US considering the importation of Iranian oil despite sanctions.…
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Daily Energy Market Report Wednesday 17th July 2018

Daily Energy Market Report Wednesday 17th July 2018   The UK system opened completely balanced this morning holding 0mcm. Despite the UK system, being balanced, total demand is up at 188mcm, 18mcm above seasonal normal demand (169mcm). There has been little change on LDZ consumption and CCGT remains at a similar level to Tuesday. IUK…
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