water energy & environment’s regular section brings you an eight-week overview of the latest analysis of the power and gas markets from Energy Trader Daily. Following the recent market slump caused by a combination of the excess gas flows in the system, healthy storage levels, warm temperature forecasts and low demand levels, prices at the Read more…

The founder of the famous consulting firm Mckinsey & Co, James Mckinsey, first highlighted the importance of budgets as not just “a ledger activity” but a business tool around which a company should be based writes Dorian Nineberg, chartered accountant and managing director of Pulse Business Energy. As a result of reforms such as EMR, energy Read more…

Darren Lennon, head of strategic clients at npower, shares updates on the National Grid’s annual Triad announcement. The recent Triad announcement from the National Grid has come as something of a surprise, with a Triad occurring on a Friday afternoon for the first time since 1972. Triads are the top three half-hour peaks of energy Read more…

water energy & environment’s new regular section brings you an eight-week overview of the latest market analysis of the power and gas markets from Energy Trader Daily. The front season gas contract (NBP summer’14) has extended its southbound trades on the year to over 8p/th in 2014, having traded relatively sideways in the first half Read more…

‘Source, generate, supply’ is the model the pioneering Drax Group now operates. The group has three principal businesses – Drax Biomass, Drax Power, and Haven Power, – working together as one group with the same shared commitment, to provide low carbon, cost-effective and reliable renewable power well into the future. But what does this mean Read more…

As the talk about regulation of energy brokers/consultants rages on it remains unclear when regulation will eventually arrive, the form it will take and who it will cover. Rather than wait for regulators businesses can take the initiative themselves by implementing some simple steps during the negotiating stage to avoid common pitfalls of energy tenders. Read more…

Just like the market, if you took a random walk into any energy consultancy or brokerage last year, your efforts in gauging the market for future energy prices would have yielded pretty much the same result, regardless of who you asked. Assuming this question was “What’s the outlook for the UK energy prices on the Read more…

The new Market Trigger Strategy combines with broker’s 365-day market monitoring to deliver optimum packages, writes energyTEAM’s head of procurement Paul Garratt. Energy management consultancy energyTEAM is challenging the traditional thinking that presents businesses with only a stark choice between take-it-or-leave-it fixed rates and higher-risk purchasing on wholesale markets. Each of these approaches has its benefits: Read more…

Ofgem is proposing a new code of practice requiring brokers and other TPIs to be completely clear with businesses about their fees, the contracts they offer and which suppliers they represent. The proposals also require suppliers to only work with brokers that have signed up to the code. Suppliers are to be set new rules Read more…

The UK energy market is being rushed through an enforced update because it has been neglected for the last fifteen years or so.  Today we are embroiled in that legacy. John Hall, Chairman, Alfa Energy looks to the future: When the Large Combustion Plant Directive was first proposed it made sense to phase out the Read more…