Oil markets remain ‘well supplied’
19th September 2019 | Posted by: Daniel Birkett | Industry News
The International Energy Agency has provided reassurances that the oil market remains well supplied despite recent attacks on facilities in Saudi Arabia.
French nuclear issues result in stronger NBP prices
10th September 2019 | Posted by: Daniel Birkett | Industry News
Near-curve gas prices have opened strongly this morning on the back of news that anomalies have been detected within the French nuclear fleet which could affect availability during the winter months.
Ofgem plans ‘tough but fair’ DNO price control
7th August 2019 | Posted by: Daniel Birkett | Industry News
The UK regulator, Ofgem has reiterated the importance of price control in terms of supporting the decarbonisation of the nation’s energy network. From 2023, a ‘tough but fair’ approach has been proposed for electricity distribution network operator (DNOs) price control.
Ofgem estimate £40bn savings with flexible energy
18th July 2019 | Posted by: Daniel Birkett | Industry News
Ofgem and the government have estimated that the UK could save £40bn with a smarter and more flexible energy system.
European Balancing market to be pushed back
27th June 2019 | Posted by: Daniel Birkett | Industry News
The European Balancing market’s launch has been delayed until June 2020, as the French transmission system operator, RTE is ‘experiencing difficulties’ in regards to implementing Project TERRE.