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Tim

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    Tim

    Higher than expected demand overall last week, combined with lower than average temperatures, saw increases in the short-term gas and electricity markets. Longer-term increases followed oil in its relentless rise to 3-year highs. More
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    Tim

    A shutdown of the North Sea Forties pipeline, which connects a significant number of gas fields to the British mainland, followed by an explosion at a large Austrian gas hub, caused a surge in both gas and electricity prices early in the week. More
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    Tim

    The forecast for milder temperatures over the weekend have helped to keep the short-term prices for both gas and electricity in check, despite some significant demand levels at the end of the week. Longer term prices for both were helped by a more stable oil price and the slight strengthening of the Pound against the Euro. More
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    Tim

    When temperatures took a plunge recently, we could safely say that it’s definitely Triad season. More
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    Tim

    Proposals being considered by OFGEM may significantly reduce TRIAD income for embedded generators (EG). Bearing in mind that it can be worth £40,000-£60,000 p.a. for every 1MW of generation capacity, this could be quite a financial blow. More
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    Tim

    Generators, and large users of electricity, can derive useful cash from coordinating their electricity use with the National Grid TRIAD periods. These are three half-hour periods in the year when national electricity demand is at its highest. Users are paid cash for shedding load, or having generation running during these times. More

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