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Should councils gamble with council taxpayer’s money?

Energy companies are businesses, some bigger than others and some more profitable. Some are able to weather the storm and the market environment will filter out ineffective players. A supplier ceasing trading is an inconvenience to the customers it supplies, as well as costly to the industry as a whole. The underlying reason for failure, [...]

By |2020-09-17T14:13:48+00:00September 17th, 2020|Uncategorized|0 Comments

Current Price Risk Report

Summary of last months report: Overview: Across the board, January saw decreases between month start and end. However, there was volatility in month of January. Gas: During January, there was downward pressure in gas pricing, which bucks the expected seasonal trend. This was caused by milder weather than normal. Winter 2020 saw a reduction of c11%. [...]

By |2020-02-10T13:50:19+00:00February 10th, 2020|Uncategorized|0 Comments

December Price Risk Report

Summary of last months report: Overview: November saw the majority of contracts decline in cost, with the exception of immediate start dates which saw increases as we head into winter. The day ahead price increased dramatically throughout the month as temperatures stayed below seasonal norms, accompanied by low levels of wind generation.       [...]

By |2020-02-10T13:41:27+00:00December 5th, 2019|Uncategorized|0 Comments

November Price Risk Report

November Report Summary of last months report: Overview: October saw the majority of contracts decline in cost, with the exception of a few near start dates which saw increases as we head into winter. This is caused by a mix of increased demand caused by colder weather battling very high levels of LNG shipments arriving. [...]

By |2019-12-05T13:42:25+00:00November 15th, 2019|Uncategorized|0 Comments

April Price Risk Report

Important Information Update Since the start of the month we have seen quick and severe increases in contract costs that had not been foreseen. There are 3 main drivers (carbon costs, oil costs and gas cost) but the most prominent being the increase in gas costs. The below graph shows movement over the last 30 [...]

By |2019-04-10T15:33:26+00:00April 10th, 2019|Uncategorized|0 Comments

March Price Risk Report

Summary of last months report: Overview: Throughout February, we have seen reductions in gas and electricity costs across the board with prices for summer 2019 being around the same levels as May 2018. The below graph's show the wholesale trends of contracts starting summer 2019. Gas: As can be seen from below, the gas wholesale [...]

By |2019-03-01T14:54:29+00:00March 1st, 2019|Uncategorized|0 Comments

February Price Risk Report

Summary of last months report: Overview: Throughout January we have seen reductions in gas and electricity costs across the board with prices achieving a 6 month low on some contract periods. Below is an example of this, is the wholesale gas costs for contracts starting summer 2019.         Key Points: With French [...]

By |2019-02-07T12:18:34+00:00February 7th, 2019|Uncategorized|0 Comments
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