The cliche about weather driving energy prices, in particular on European gas and Asian LNG, is just as relevant this year as ever before. A mild weather with no extended periods of freezing cold in Europe could see forward gas prices steadily ease down despite fears over a lack of gas storage in the UK […]
The content of my conversations with LNG traders and ship brokers has changed in recent months with a much greater interest now in pricing developments at northwest European gas hubs. About a year ago Europe was touted by LNG sellers as the key source of demand in a market that would be oversupplied for years […]
Following on from my colleague Fionn O’Raghallaigh’s excellent blog post on Brexit and financial regulation, I find myself sitting at work two Tuesdays after the Monday after the Friday before. As editor of a power market publication, I can often find myself reading or writing about wind power, but this time it is about wind […]
The UK Treasury has opened a consultation, which sets how, among other things, the Financial Conduct Authority will decide which commodity derivatives it will set position limits for. You can find the paper here.
This is a guest post by the editor of ICIS’s European Daily Electricity Markets, Jamie Stewart. The UK wholesale energy markets were given a clean bill of health on Wednesday, when the initial findings of a major competition inquiry were published here. The report, which clearly indicates the probe’s future direction, picked on aspects of […]
The future of Scotland is up for grabs on Thursday as voters decide if it should remain part of the UK or go solo. The ramifications for a yes vote are huge, as the debate in the media has shown. Currency has been one of the big points of debate, with the yes side arguing […]
The UK’s Competition & Markets Authority has published a load of initial submissions on the watchdog’s investigation into the British energy market. It is interesting that the British wholesale gas market, the NBP, has been kept out of scope of the investigation. A UK politician recently called for the NBP to be investigated too. But the […]