Thursday, 3 May 2012

UK winter gas prices and the Japan factor


The price of British gas for delivery this winter has been volatile over the past two months, gaining five percent in the past seven sessions, after nearly one month of downward trading, leaving traders puzzled about future direction.

Uncertainty about the trend comes at a time when large suppliers lock in contracts to deliver gas in the winter - a period when UK gas demand typically soars as users crank up their gas-fuelled heaters, making the winter a benchmark contract.

Tuesday, 1 May 2012

Greenpeace provokes Apple on renewable energy stance

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Apple is (finally) confirmed as Bloom Energy’s customer

UK Energy Regulator #Ofgem staff bonus payouts revealed

The energy watchdog has paid more than £1 million in bonuses to staff in the past two years.
Ofgem gave hundreds of employees the rewards in 2010 and 2011 - some in excess of £20,000.

Consumer group the TaxPayers' Alliance criticised the payouts, saying it was "outrageous" that staff at the watchdog have been rewarded, considering it has "overseen devastating rises" in bills.

The official figures reveal a total of £602,969 was dished out to 266 staff in 2010, at an average of £2,267 per person, while last year 346 employees shared a bonus pot of £515,047, at an average of £1,489.

Two members of staff received more than £20,000 in 2010, 14 got more than £10,000 across 2010 and 2011, and 38 pocketed more than £5,000 over the two years.

Our monthly analysis of the UK gas and power markets is now available - May12

Our monthly analysis of the UK gas and power markets is now available on line for the month of May 2012. The service is intended to keep you up to date with all the major news in Europe’s gas and power markets. It is also designed to keep power executives focused on market activity in an easy to digest format.

http://www.catalyst-commercial.co.uk/blog/latest-news/energy-market-report-may12/