April 26, 2024
Shell said Oct. 20 it had started production from the UK Arran gas and condensate field, one of a cluster of fields intended to help rejuvenate the Shearwater North Sea gas hub and connected to Scottish petrochemical facilities. The field, expected to
Maritime company BW Group is to fund the build-out of Penso Power's 3 GWh-plus pipeline of large-scale battery storage projects in the UK over the next five years, Penso Power said Oct. 19. The UK is Europe's most active battery storage system market,
The directors of two 850 MW mothballed gas-fired power stations in the UK are seeking government support to bring the assets back into operation by Christmas, they told S&P Global Platts Oct. 19. In August 2020, Calon Energy-owned combined cycle gas tu
STATISTICS
| Markets | 18/4Thursday | 19/4Friday | 22/4Monday | 23/4Tuesday | 24/4Wednesday | 25/4Thursday | Var D-1 | Var W-1 | Avg. | Max | Min |
|---|---|---|---|---|---|---|---|---|---|---|---|
 Electricity | |||||||||||
| UK Cal 2025 base (GBP/MWh) | 81.23 | 78.60 | 76.95 | 76.09 | 76.89 | 77.46 | 0.74% | -4.64% | 73.71 | 86.23 | 64.81 |
 Oil | |||||||||||
| Brent USD/bbl (USD/bbl) | 87.11 | 87.29 | 87.00 | 88.42 | 88.02 | 89.01 | 1.12% | 2.18% | 83.42 | 91.17 | 75.89 |
 Economics | |||||||||||
| Rate GBP/EUR (GBP/) | 1.17 | 1.17 | 1.16 | 1.16 | 1.16 | 1.17 | 0.32% | -0.05% | 1.17 | 1.18 | 1.15 |
HEDGE REPORTING
VaR
2,855,849 GBP
Spent
7,237,718 GBP
