The differences between Winter and Summer are getting narrower, but this may indirectly cause more problems. If the Swiss trains stop what next?
The Swiss trains came to halt yesterday as power lines were turned off, Spain recorded its highest demand ever as the heatwave took effect. In the States peak demand occurs during the Summer and not the Winter. Demand in the Uk is up with peak demand hitting 44GW at around 1pm yesterday, this is only 8-10GW form the peak of the year normally set in Winter. There is no doubt that the lows of demand seen during the summer months under the pool are no longer, as more air-conditioning units are put into homes and offices. Furthermore, the cost of keeping computer equipment cool is increasing. It is clear that Esso have rearranged their business around the idea of increasing power production, they have spent and will continue to spend money on new technology for production. Powerisk argues that competitions on how to keep the tube cool and how to make air conditioning units more efficient could be the future. There has to be a two pronged approach to managing power risk, reduce your demand, and manage your exposure to price. Just by securing a good deal does not always result in real savings, demand reductions as well, will make a business more competitive.
06 March 2008
Front running a position can cause some players to look good, but it might be the way to start to trade a contango market read more...
28 September 2005
Weather is difficult to predict long term but in the short term it is the key fundamental driver on price, and this is why prompt prices for next week have risen. read more...
23 August 2005
Flexible purchasing is a change for the best but it needs care and management in order to get it right. read more...
02 August 2005
The power market sags under the weight of its fundamental friends. Steel industry points to unfair advatages in Europe. read more...
27 June 2005
"The most valuable commodity I know of is information." Wall Street read more...
Monthly Review - Jan 2012
Weather, oil sanctions and European debt concerns were the pushers and pullers this month as energy markets responded to competing indicators. Volatility was the only constant. read more...
01 February 2012
Weather, oil sanctions and European debt concerns were the pushers and pullers this month as energy markets responded to competing indicators. Volatility was the only constant. read more...
Weather Forecasts and Iranian Threats
Forecast and outturn cold weather drove gas and coal prices this week which in turn had an impact on the power curve. Iran threatened to cut off crude supplies ahead of the EU's proposed July sanctions; a move that would impact EU nations as they seek to find alternative sources ahead of the import ban. read more...
27 January 2012
Forecast and outturn cold weather drove gas and coal prices this week which in turn had an impact on the power curve. Iran threatened to cut off crude supplies ahead of the EU's proposed July sanctions; a move that would impact EU nations as they seek to find alternative sources ahead of the import ban. read more...
Warm weather weighs heavy on prices
Unseasonably warm weather and European debt crisis fears continued to influence the markets at the start of 2012. While oil did open the year up on the back of strong economic data from both the US and China, it retraced its steps on surprise US stockpile data combined with the Euro debt fears. read more...
06 January 2012
Unseasonably warm weather and European debt crisis fears continued to influence the markets at the start of 2012. While oil did open the year up on the back of strong economic data from both the US and China, it retraced its steps on surprise US stockpile data combined with the Euro debt fears. read more...
The Market in April 2011
In comparison to the activity seen in March – the energy markets seemed relatively sedate shedding some of the value along the way. read more...
28 April 2011
In comparison to the activity seen in March – the energy markets seemed relatively sedate shedding some of the value along the way. read more...
Confidence Returns to Market
Despite a continuation of cold conditions, confidence was seen returning to the market with a stabilisation of spot prices and comfortable system margins. There was some focus on the curve with seasonal contracts all reporting some gain on the previous weeks levels apart form Summer 13. read more...
20 December 2010
Despite a continuation of cold conditions, confidence was seen returning to the market with a stabilisation of spot prices and comfortable system margins. There was some focus on the curve with seasonal contracts all reporting some gain on the previous weeks levels apart form Summer 13. read more...
Powerisk Receives-Independent Energy Consultant Commendation
At the recent Energy ‘Buying and Supplying’ Excellence Awards, Powerisk received a Commendation in the Independent Energy Consultant of the Year category. The awards, held at The Langham Hotel in London, were designed to showcase and recognise the very best practises in the energy supply and procurement arena with consideration given to all those involved in the process. read more...
29 November 2010
At the recent Energy ‘Buying and Supplying’ Excellence Awards, Powerisk received a Commendation in the Independent Energy Consultant of the Year category. The awards, held at The Langham Hotel in London, were designed to showcase and recognise the very best practises in the energy supply and procurement arena with consideration given to all those involved in the process. read more...
New White Paper highlights need for Energy Risk Management
Yesterday, npower launched its new white paper, commissioned from the London School of Economics on Energy Risk Management for UK business. The paper comes on the back of research that suggests that UK businesses now feel that energy presents a higher level of risk to their business than health and safety and security issues. But what should businesses be doing to manage the risks? read more...
11 November 2010
Yesterday, npower launched its new white paper, commissioned from the London School of Economics on Energy Risk Management for UK business. The paper comes on the back of research that suggests that UK businesses now feel that energy presents a higher level of risk to their business than health and safety and security issues. But what should businesses be doing to manage the risks? read more...
Suddenly it's "British Petroleum"
A name not used in a very long time, but suddenly the US are quick to refer to BP by its old name of British Petroleum, hoping perhaps to distance itself from blame regarding the disastrous oil spill in the Gulf of Mexico. But as the US announces a criminal investigation and as BP shares suffer further should the British economy concern itself? read more...
02 June 2010
A name not used in a very long time, but suddenly the US are quick to refer to BP by its old name of British Petroleum, hoping perhaps to distance itself from blame regarding the disastrous oil spill in the Gulf of Mexico. But as the US announces a criminal investigation and as BP shares suffer further should the British economy concern itself? read more...
Why is the Dollar Important?
With LNG now having a place in the UK gas market, the dollar will influence our energy prices. read more...
25 September 2009
With LNG now having a place in the UK gas market, the dollar will influence our energy prices. read more...
Recent oil price rises will not last
The recent oil price increase seen last week has already started to fall and Powerisk explains why it will continue to stall. read more...
25 March 2009
The recent oil price increase seen last week has already started to fall and Powerisk explains why it will continue to stall. read more...
Too Many Buyers….
Too many buyers and not enough sellers were the reasons attributed to significant gains seen in the power markets. read more...
08 October 2008
Too many buyers and not enough sellers were the reasons attributed to significant gains seen in the power markets. read more...
Peak vs Baseload
Sometimes negotiation on some elements of price could result in some interesting opening into the black box which is electricity pricing. read more...
18 June 2007
Sometimes negotiation on some elements of price could result in some interesting opening into the black box which is electricity pricing. read more...
Backwardation and contango
The curve is changing shape this could be a short term thing as players tend to forget the back of the curve as it is less liquid but more often than not it is a fundamental shift in the market next week will tell. read more...
20 April 2007
The curve is changing shape this could be a short term thing as players tend to forget the back of the curve as it is less liquid but more often than not it is a fundamental shift in the market next week will tell. read more...
Why volume risk is greater than one thinks
Volume to the supplier is important but little changes in volume can soon mount up and so players must be careful when they have a growing portfolio. read more...
21 March 2007
Volume to the supplier is important but little changes in volume can soon mount up and so players must be careful when they have a growing portfolio. read more...
The Nightmare Scenario
The market balloons in price, profiling is abandoned, and Mrs Jones at 33 Wavertree Mansions is seen showering at 3am in the morning. Unlikely, but it is happening in the water industry. read more...
01 March 2006
The market balloons in price, profiling is abandoned, and Mrs Jones at 33 Wavertree Mansions is seen showering at 3am in the morning. Unlikely, but it is happening in the water industry. read more...
Shale Gas - Latest UK estimates suggest enough for next 11 years
Cuadrilla Resources, the company at the forefront of Britain's Shale gas exploration released its first estimates of the amount of shale gas contained in the rocks of Lancashire. At 200 trillion cubic feet, the estimates are significant to say the least. read more...
22 September 2011
Cuadrilla Resources, the company at the forefront of Britain's Shale gas exploration released its first estimates of the amount of shale gas contained in the rocks of Lancashire. At 200 trillion cubic feet, the estimates are significant to say the least. read more...
2nd Quarter Growth at 1.1%; What Role For Energy
Preliminary figures from the Office for National Statistics (ONS) suggests the UK economy grew by 1.1% in the second quarter, up from the previous quarter's 0.3%. While the figures are preliminary (and based on around 40% of the ultimate data), what they do show is that construction, a relatively small part of the economy, contributed significantly to this growth figure. With 6 out of 10 civil engineering firms looking to the energy and water sectors for their income streams, it seems energy has a role to play in underpinning the recovery. read more...
23 July 2010
Preliminary figures from the Office for National Statistics (ONS) suggests the UK economy grew by 1.1% in the second quarter, up from the previous quarter's 0.3%. While the figures are preliminary (and based on around 40% of the ultimate data), what they do show is that construction, a relatively small part of the economy, contributed significantly to this growth figure. With 6 out of 10 civil engineering firms looking to the energy and water sectors for their income streams, it seems energy has a role to play in underpinning the recovery. read more...
Green Investment Bank still a Concept
Leading figures from across industry warned that the need for new tools to finance future investment in infrastructure are necessary to secure Britain's growth as a low carbon economy. While the coalitions Green Investment Bank (GIB) is supported, it is important to recognise that it is still at present only a concept. read more...
16 July 2010
Leading figures from across industry warned that the need for new tools to finance future investment in infrastructure are necessary to secure Britain's growth as a low carbon economy. While the coalitions Green Investment Bank (GIB) is supported, it is important to recognise that it is still at present only a concept. read more...
Suddenly it's "British Petroleum"
A name not used in a very long time, but suddenly the US are quick to refer to BP by its old name of British Petroleum, hoping perhaps to distance itself from blame regarding the disastrous oil spill in the Gulf of Mexico. But as the US announces a criminal investigation and as BP shares suffer further should the British economy concern itself? read more...
02 June 2010
A name not used in a very long time, but suddenly the US are quick to refer to BP by its old name of British Petroleum, hoping perhaps to distance itself from blame regarding the disastrous oil spill in the Gulf of Mexico. But as the US announces a criminal investigation and as BP shares suffer further should the British economy concern itself? read more...
A Week for Releasing Figures
With the political debate heating up; more 'head to heads' scheduled and with the News Channels pouring over polls, polls of polls and more polls - then the economic figures coming out this week are surely going to add a lot more ingredients to the boiling pot. read more...
20 April 2010
With the political debate heating up; more 'head to heads' scheduled and with the News Channels pouring over polls, polls of polls and more polls - then the economic figures coming out this week are surely going to add a lot more ingredients to the boiling pot. read more...
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