April 24, 2024
Looming and as-yet unquantified changes to UK gas transmission capacity charges expected early next year have reduced the visibility of the cost of moving gas in and out of the UK. UK system operator National Grid on 10 November announced a 36pc shortf
The UK's new gas charging regime is putting commercial storage operations under severe pressure, a spokesman for operator Storengy UK told S&P Global Platts. After its introduction in October, the 'Postage Stamp' methodology has dramatically increased
Millions of households could see their energy bills jump next year to help shoulder the Covid-19 bill, Ofgem has warned. The regulator has proposed an increase to the maximum many households can be charged on their bills, because the pandemic is puttin
STATISTICS
| Markets | 16/4Tuesday | 17/4Wednesday | 18/4Thursday | 19/4Friday | 22/4Monday | 23/4Tuesday | Var D-1 | Var W-1 | Avg. | Max | Min |
|---|---|---|---|---|---|---|---|---|---|---|---|
 Electricity | |||||||||||
| UK Cal 2025 base (GBP/MWh) | 83.01 | 79.82 | 81.23 | 78.60 | 76.95 | 76.09 | -1.11% | -8.34% | 73.62 | 86.23 | 64.81 |
 Oil | |||||||||||
| Brent USD/bbl (USD/bbl) | 90.02 | 87.29 | 87.11 | 87.29 | 87.00 | 88.42 | 1.63% | -1.78% | 83.30 | 91.17 | 75.89 |
 Economics | |||||||||||
| Rate GBP/EUR (GBP/) | 1.17 | 1.17 | 1.17 | 1.17 | 1.16 | 1.16 | 0.32% | -0.71% | 1.17 | 1.18 | 1.15 |
HEDGE REPORTING
VaR
2,855,849 GBP
Spent
7,237,718 GBP
