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August saw a rise in wholesale costs as tensions between Israel and Iran continued to grow and the conflict in Ukraine/Russia rages on. However, September has seen prices fall and with temperatures in the UK set to be above average for the next fortnight, it could see prices hold further.
On 23 September 2024, Salix announced Phase 4 of the Public Sector Decarbonisation Scheme. The fund will focus primarily on the decarbonisation of heat. The application portal opened on Wednesday 9th October and will close on Monday 25th November.
August saw a rise in wholesale costs as tensions between Israel and Iran continued to grow and the conflict in Ukraine/Russia rages on. However, September has seen prices fall and with temperatures in the UK set to be above average for the next fortnight, it could see prices hold further.
Recently gas and electricity prices have fallen to the lowest level we have seen in the last 18 months as demonstrated in the graphs below. Customers with contracts up for renewal between now and April 2024 would be strongly advised to look at arranging renewal contracts.
Recently gas and electricity prices have fallen to the lowest level we have seen in the last 18 months as demonstrated in the graphs below. Customers with contracts up for renewal between now and April 2024 would be strongly advised to look at arranging renewal contracts.
In the last two weeks gas and electricity prices have fallen to the lowest level we have seen in the last 18 months as demonstrated in the graphs below. Customers with contracts up for renewal between now and April 2024 would be strongly advised to look at arranging renewal contracts.
The race between European and Asian buyers of Liquified Natural Gas (LNG) to secure long-term supply agreements with the US is driving investment into new LNG projects, which will in turn help boost a market that is potentially facing a supply shortage.
ESO (Electricity Systems Operator) has confirmed it will have no coal-fired power as back-up this winter, if needed. Last winter, there were five contingency units on call. The ESO had said that it remained in talks with EDF and Drax about keeping their coal-fired generation on its standby contracts.
Volatility within European gas markets this week has highlighted complications for traders, on whether the energy crisis is still severe enough to continue importing additional LNG cargoes during the summer months.
On Monday this week, the European Commission announced it has elected to not prolong the emergency measures introduced last year to shield consumers from record high energy prices,
We are looking for an Energy and Sustainability Manager to work with the Dukefield Energy team to drive growth of our energy management services to new and existing customers.
Europe's energy transition away from fossil fuels, with solar capacity growing twice as fast as wind capacity since 2018. Installed solar capacity has increased 88% during this time while wind capacity has only grown by 35%
Britain’s wind farms generated more electricity in Q123 than gas for the first time. Britain is seeking to expand its wind generation as it tries to meet its goal of net zero emissions by 2050,
The government has recently announced a new energy bills discount scheme specifically for energy and trade-intensive industries (ETIIs). Eligibility for the scheme was assessed on the criteria of Energy and Trade intensity with sectors being required to pass through both thresholds to be eligible for ETII support.
UK government lacks a logical plan to have a clean energy grid by 2035. A new report from the Business and Trade committee, which has concluded that the Government lacks a coherent plan to achieve a clean energy grid by 2035.
The UK and the Netherlands plan to build what would be Europe’s largest cross-border electricity link, which will also be connected to an offshore wind farm.
Germany to close remaining nuclear power stations. Following extended periods of pressure from the country’s anti-nuclear movement Germany confirmed they are set to close their final 3 nuclear power stations
Companies are considering withdrawing from the UK to capitalise on multi-billion dollar tax incentives in the US.
The Coire Glas hydro project receives major investment boost from SSE. SSE have announced their intention to invest £100 million in a pumped hydro scheme based in Scotland.
E.ON planning large boost in investments in its grids and retail businesses. Whilst acknowledging that Europe’s energy crisis is by no means over,
On Tuesday, the National Grid called on reserve coal-fired generations units for the first time this winter to generate electricity during a period of tight supplies,
Natural gas demand in China is expected to grow this year as the country's industries return to service, but whether the country's LNG demand will rebound is largely down to spot prices.
Russia has renewed calls on Sweden to share its findings from the ongoing investigation into the explosions that damaged the NordStream pipelines last year.
According to the International Energy Agency's Chief Executive, the conflict between Russia and Ukraine has 'turbocharged' the green energy transition.
Reports released this week indicate that Centrica and the government have failed to reach an agreement on expanding the UK's largest gas storage facility, Rough.
In the current volatile energy market, it can be difficult to determine the best type of energy contract for your organisation. This blog piece will provide an overview of fixed and flexible contracts and discuss the benefits and drawbacks of each to help you decide on the most suitable contract option
Yesterday, 9th January the UK Government released details of the financial support available for business following the expiry of the current Energy Bill Relief Scheme (EBRS) on 31st March 2023.
It’s been a positive start to 2023, over the last week we have seen several factors that are helping drive the UK’s energy markets downwards.
The current weather forecast remains the primary driver, with temperatures continuing to drop and wind generation below seasonal norms, this is adding upward pressure to immediate energy markets.
The government yesterday, 21st September 2022, provided further information on the plans for limiting the wholesale costs for gas and electricity for non-domestic customers.