British Gas takes over customers of failed suppliers PfP Energy and MoneyPlus Energy

Ofgem has appointed British Gas to take on customers of PfP Energy and MoneyPlus Energy, the two suppliers that went bust last week. That means the company will start supplying PfP Energy’s approximately 87,600 domestic and non-domestic customers and M

UK 'green gas' tariffs reliant on carbon credits as biomethane, certificates supply remains short

Gas suppliers have made renewable natural gas a central part of their pitch when offering end-users "green" tariffs, but there are still roadblocks to achieving truly "green" retail gas tariffs. The UK government recently shared concerns that some ener

Tesla batteries to bring more renewables to West Sussex grid

Electricity distributor UK Power Networks (UKPN) has connected a massive battery energy storage facility to the grid in Burgess Hill, West Sussex. The system, which was developed by Harmony Energy and Fotowatio Renewable Ventures (FRV), accommodates ar

STATISTICS

Markets 21/3Thursday 22/3Friday 25/3Monday 26/3Tuesday 27/3Wednesday 28/3Thursday Var D-1 Var W-1 Avg. Max Min
Electricity
UK Cal 2025 base (GBP/MWh) 71.28 73.50 75.32 73.65 73.98 73.55 -0.58% 3.19% 72.90 86.23 64.81
Oil
Brent USD/bbl (USD/bbl) 85.78 85.43 86.75 86.25 86.09 87.48 1.61% 1.98% 81.68 87.48 75.89
Economics
Rate GBP/EUR (GBP/) 1.17 1.17 1.17 1.16 1.17 1.17 0.31% 0.20% 1.17 1.18 1.15

MARKET PRICES & TRENDS

UK Cal 2025 base (GBP/MWh)73.55
UK Q+1 base (GBP/MWh)
NBP Q+1 (GBpence/therm)
Brent (USD/bbl)87.48
Rate GBP/EUR1.17
UK spot base (GBP/MWh)59.31
NBP spot (GBpence/therm)

HEDGE REPORTING

Test Power contract 2 years

VaR

2,855,849 GBP

Spent

7,237,718 GBP

AVG price: GBP/MWh

126.09