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Middle East
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Commercial and market outlook
Missile strikes and price spikes risk higher bills for UK customers
The past week has seen a period of renewed volatility in the energy market, notably in the oil price, given developments in the Middle East. With the missile strike by US forces on Iranian General Qasem Soleimani in Baghdad on 3rd January being followed by a retaliatory strike by Iran...
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Low carbon generation
Commodity highs the culprit behind bullish power prices
Wholesale power prices have hit highs recently. The May and June power contracts both hit their highest levels since the turn of the year, while seasonal power contracts out to winter 2020 reached record highs spanning one to three years. This blog highlights the main causes of such notable bullishness,...
