Our blog

Weekly market update - UK Gas & Power: Temperature Swings, Norwegian Maintenance Inject Volatility Into UK Markets

Head of Sales Trading, Fanos Shiamishis, reports on energy market activity, covering the period 23rd  April – 29th April 2024. On our end-of-day pricing tool, The Source, we published an in-week high of £65.41/MWh for the Summer-26 seasonal power price on 24^th April. In this blog, Fanos shares the market news and updates from the last week. 

Tuesday saw bearish sentiment prevail despite an increase in day-ahead gas burn for power generation, as demand was expected to ease thereafter....

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Demystifying the Corporate Sustainability Reporting Directive (CSRD): A Guide for Businesses

In this blog, Vishnu Aggarwal, Deputy VP of Origination and Renewables Trading and Bas Vreede, Head of Renewables Trading at SmartestEnergy, dive into the complexities of the Corporate Sustainability Reporting Directive (CSRD). As the regulation unfolds, they shed light on the key requirements, implementation phases, and overall impact for businesses. This crucial information empowers businesses to navigate the path towards CSRD compliance with confidence.

The European Union (EU) has embarked...

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Celebrating two new Power Purchase Agreements with a visit to Horsey Levels Solar Farm

Following two successful Power Purchase Agreements (PPAs) with Blackfinch Energy for two new solar projects, we were excited to travel to Somerset last month and visit the Horsey Levels solar farm to celebrate its official energisation. In this blog, James Clark, Business Development Manager at SmartestEnergy, shares a behind-the-scenes view of the site visit and the events of the day.

Following two new successful PPA deals with Blackfinch Energy, we were excited to visit the Horsey Levels...

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Weekly market update - UK Gas & Power: Bearish Fundamentals Limit Upside Despite Temporary Supply Concerns

Head of Sales Trading, Fanos Shiamishis, reports on energy market activity, covering the period 16th April –22^nd April 2024. On our end-of-day pricing tool, The Source, we published an in-week high of £69.00/MWh for the Summer-26 seasonal power price on 16^th April. In this blog, Fanos shares the market news and updates from the last week. 

Tuesday saw another rally in European gas prices, reaching a 3-month high at the TTF hub. This was driven by Norwegian outages, concerns over further...

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Weekly market update -European Gas Prices Ease on Ample Supply, UK Power Contract Expires

Head of Sales Trading, Fanos Shiamishis, reports on energy market activity, covering the period 26^th March – 28^th March 2024. On our end-of-day pricing tool, The Source, we published an in-week high of £63.25/MWh for the Summer-24 seasonal power price on 26^th March. In this blog, Fanos shares the market news and updates from the last week. 

European gas prices retreated on Tuesday, buoyed by healthy supplies. Europe remains on track to exit winter with record-high storage levels for this...

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Weekly market update - Volatile Price Swings for UK Energy as Fundamentals Clash With Outages

Head of Sales Trading, Fanos Shiamishis, reports on energy market activity, covering the period 19^th March – 25^th March 2024. On our end-of-day pricing tool, The Source, we published an in-week high of £66.40/MWh for the Summer-24 seasonal power price on 19^th March. In this blog, Fanos shares the market news and updates from the last week. 

The UK gas system opened 3mcm undersupplied Tuesday morning as temperatures held steady day-on-day but gas burn for power generation increased amid low...

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Key Takeaways from our latest Generator Revenue Streams Webinar

In this blog, Alex Walmsley, Head of Pricing and panel speaker of our recent Generator Revenue Streams webinar covers the factors effecting generators ranging from wholesale price movements to renewable energy subsidies and support mechanisms.

1. Wholesale Price Movements:

UK Power prices have continued their decline over the past 6 months owing to a mild winter and strong gas storage stocks. Weaker structural demand has further helped prices remain soft.

The power and gas markets...

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Rising Non-Commodity Costs: Key Takeaways from latest webinar

In this blog, Mark Cox, Strategic Account Manager, host of our recent Non-Commodity Costs webinar, dissects the impending rise in non-commodity costs on your business energy bill and the knowledge to navigate this changing environment and make informed decisions about your energy strategy.

Non-commodity costs, a significant portion of your energy bill, are projected to rise in the coming years. Let's delve into the key factors driving this trend:

Policy Shifts and Subsidy Adjustments

The...

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Weekly market update - Norwegian Outages, LNG Competition Counter Bearish Signals in UK Energy

Head of Sales Trading, Fanos Shiamishis, reports on energy market activity, covering the period 12^th March – 18^th March 2024. On our end-of-day pricing tool, The Source, we published an in-week high of £66.42/MWh for the Summer-24 seasonal power price on 18^th March. In this blog, Fanos shares the market news and updates from the last week. 

Tuesday saw a less volatile trading session for gas. After an initial softer open, prices recovered small losses to close nearly flat. The UK gas system...

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Weekly market update - Volatile Swing in UK Gas & Power Markets Amid Shifting Fundamentals

Head of Sales Trading, Fanos Shiamishis, reports on energy market activity, covering the period 5^th March – 11^th March 2024. On our end-of-day pricing tool, The Source, we published an in-week high of £63.98/MWh for the Summer-24 seasonal power price on 5^th March. In this blog, Fanos shares the market news and updates from the last week. 

The TTF rally continued on Tuesday with news sources citing the announcement by US Producer EQT of their intended cut in production as the cause of the...

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