Brexit considerations for the energy sector

Brexit considerations for the energy sector – Since the Supreme Court ruling on the prorogation of Parliament and MPs arriving back in Westminster, attention has been re-focused on the UK’s departure from the European Union. The country is being told to get prepared for Brexit on the 31 October, and businesses are trying to navigate…
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Daily Energy Market Report Friday 30th August 19

Daily Energy Market Report Friday 30th August 19   The UK has opened with prices marginally lower than on Thursday, pressured by a long system and lower Oil prices. The UK opened with 9mcm length in the system, helped by significantly reduced gas demand and higher wind generation. Total demand is set at 114mcm for…
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Daily Energy Market Report Friday 26th July 2019

Daily Energy Market Report Friday 26th July 2019 The UK system has opened long this morning, with 22.1mcm length as demand reduced as the temperature significantly falls back towards seasonal normal. Total UK demand has fallen back to 147mcm today, with the reduced air conditioning demand as the temperatures pull back to more seasonal normal…
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Daily Energy Market Report Monday 22nd July 19

Daily Energy Market Report Monday 22nd July 19   The UK has opened with prices higher than on Friday’s close as a number of fundamentals across the curve has supported an increase. Total UK demand has fallen sharply today, with the arrival of hot temperatures. Temperatures are set to climb up to 8°C above seasonal…
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Daily Energy Market Report Friday 8th March 19

Daily Energy Market Report Friday 8th March 19. The NTS has opened close-to balance this morning as demand has increased by 7.8mcm day-on day. Imports from the Norwegian continental shelf remain lower due to planned outages Sleipner, Oseberg and Gullfaks facilities and UKCS production is 6mcm lower this morning. To bridge the gap, MR-storage send…
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Small Business Energy Market Update Tuesday 5 Feb 19

Small Business Energy Market Update Tuesday 5 Feb 19   What has happened to Gas prices this week?   UK Gas prices held flat this week with all prices remaining similar to the previous report.   The UK system has been comfortable with high levels of LNG and strong Norwegian gas imports to help offset…
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Daily Energy Market Report Tuesday 5th Feb 19

Daily Energy Market Report Tuesday 5th Feb 19. The UK system has been met with demand exceeding seasonal norm again today, with total demand at 326.4mcm, 37mcm above seasonal average. Despite this, the UK system is once again balanced to slightly long, opening with 2.8mcm of length. Wind generation is forecast low for today, with…
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Daily Energy Market Report Friday 25th Jan 19

Daily Energy Market Report Friday 25th Jan 19. It has been another soft open across the front of the curve on the NBP today as mild temperatures continue to pressure the curve. The Feb-19 contract has dropped ~5p/therm since Wednesday from above 60p/therm to 55.25p/therm at time of writing. Cold weather has continued to be…
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Daily Energy Market Report Thursday 24th Jan 19

Daily Energy Market Report Thursday 24th Jan 19. The UK system has opened long this morning at 12mcm, as the unplanned outage at Cygnus proved to be short – lived and ended yesterday only hours after it was announced. Flows from Bacton remain reduced in comparison to the 30-day average but lower total demand has…
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Daily Energy Market Report Wednesday 23rd Jan 19

Daily Energy Market Report Wednesday 23rd Jan 19. The UK has opened with a short system today, the first time since 24th December 2018, as forecast demand lifts for a 5th consecutive day. Total demand for the UK is set at 385mcm today, 94mcm above seasonal demand. The UK system has turned short due to…
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