Sam
Peek

Senior Analyst

Phone: +44 (0) 1603 542122
Email: s.peek@cornwall-insight.com

Sam is a Senior Analyst specialising in commodities and electricity pricing. He is responsible for overseeing the production of our flagship energy market pricing and fundamentals services which include: the Energy Market Bulletin, daily pricing reports and bespoke customer-facing briefings. Sam also works on our SEM Commodity and Pricing report which covers the Irish electricity market on a weekly basis. More recently, Sam has transitioned closer to our Routes to Market insight services and products; focusing on key trends and developments in the GB renewables space.

Prior to joining Cornwall Insight, Sam worked in various commercial and operational roles in offshore wind turbine installation and maintenance, as well as working on numerous oil and gas interface projects for both commissioning and decommissioning of platforms. He is a graduate from the University of East Anglia with a BA (Hons) in Business Management.

Sam Peek

Latest thinking

Energy Market Design

Energy market volatility remains evident amid a delicate geopolitical landscape

Recent events, from the worker strikes at the Chevron-owned Wheatstone LNG facility in Australia to the Israel-Hamas conflict, have highlighted the potential for disruption to energy exports. The Wheatstone and nearby Gorgon facilities account for ~5% of global LNG supplies. Whilst Europe is not the recipient of notable volumes of...

Energy storage and flexibility

What is Liquefied natural gas (LNG) and how did it help UK and Europe this winter?

What is Liquefied natural gas (LNG)? Natural gas that has been cooled down to a liquid form is known as liquefied natural gas (LNG). The cooling process shrinks the volume of natural gas making it easier and safer to store and ship overseas. Natural gas is a fossil fuel which...

Energy storage and flexibility

Energy Market Bulletin: 2022 Review of Power and Gas

2022 has positioned itself firmly as one of the most memorable for the energy sector in recent years. We have witnessed seismic changes in the wholesale cost of energy, transformational proposals for market reform and two new Prime Ministers. In our last Energy Market Bulletin report of 2022, we have...

Low carbon generation

High levels of offline generation capacity in the SEM prompts elevated near-term power prices

With approximately 1.3GW of offline capacity at present, supply margins in the SEM are currently tightened by the reduced availability at some of these large thermal plants, supporting elevated near-term power prices of which rose strongly week-on-week. Outage trends: Offline capacity is forecast to increase substantially from the previous week,...

Commercial and market outlook

Russian gas dependency and impacts on net zero

Tensions along the Russia-Ukraine border have been escalating since November last year when satellite imagery showed a fresh build-up of Russian troops on the Ukrainian border. Fast forward to the 24 February 2022, Ukraine and Russia are now at war following a Russian invasion. In response to these actions from...

Low carbon generation

Week-on-week day-ahead power price losses in the SEM

The first reported week of February 2022 recorded week-on-week day-ahead power price losses in the SEM. Source: SEMO/Cornwall Insight Ireland Despite recent week-on-week price losses, day-ahead power prices remain significantly higher than the prices observed in the opening week of February last year, currently out turning 171.0% higher. Day-ahead power...

Business supply and services

Wholesale energy prices see new record highs as 2021 comes to a close

In what continues to be a particularly tumultuous period for the wholesale energy market in the lead up to Christmas, prices have continued their crusade of setting record highs in a final send-off to 2021. On Wednesday 22 December, day-ahead gas prices reached a new all-time record high (on our...

Commercial and market outlook

Deep retrofit: Spinning right round

On 19 August Minister for Communications, Climate Action and Environment Richard Burton announced a reversal of previous plans to terminate the Deep Retrofit scheme. Plans to rejuvenate this scheme are expected to cost an additional €8mn to cover 302 households, which applied to have deep retrofit work carried out while...