Market Update – 28th November 2024

Power contracts on the near curve fell significantly on higher forecast wind output. Whilst gas dropped again off the back of the local distribution zone demand still helping with stock draw. Gas curve – down 0.60% Power curve – down 1.27%

British Gas reduced prices

How it going to affect domestic and Businesses? Its good news for domestics as british gas has reduced the prices.

Ofgem mulls reforms to grid access arrangements

Regulator says changes are needed to enable new technologies to connect to networks swiftly Ofgem has outlined a number of potential changes to network access arrangements and forward-looking charges for system usage. The regulator says the reforms are necessary to reduce costs and enable new technologies to connect promptly to the power grid. In a… Continue reading Ofgem mulls reforms to grid access arrangements