Scots back home and ready for a good local turf war.
A recent article in the Financial Times, stated that Scottish and Southern were the quiet men of the power market; slowly acquiring businesses where needed and losing businesess where not wanted. The acquisition of triple FFF (Fiddlers Ferry and Ferrybridge) was a master stroke. Scottish Power have appeared to follow suit with the City annually slating them for not managing to make enough money from a botched US acquisition. The sale of Pacificorp to Warren Buffet, may be another stroke of genius, as Buffet is under some pressure himself to produce results as his currency trading has not been as successful as people had hoped. Buffet has always liked power companies owning the distribution buisness of Northern Electric.
Scottish Power can now concentrate on producing power and supplying the good folk of the North.
29 March 2006
The UK Phase II nap is under consulatation and the energy sector is going to have to cut emissions further, a switch to gas will help, but don't expect a fall in emissions prices and for this to be passed on to the consumer. read more...
19 January 2006
Enron are back in the news, and their story is an interesting one. The market has survived without them but in truth is, it is a very different place that probably mourns their departure more than most would admit. read more...
31 May 2005
Americans think power price may fall whilst the Brits are happy to view a power price rise. read more...
13 April 2005
IAS 39 appears to be a minefield for accountants to make money. read more...
Unplanned Outages Cause Powercuts
Power cuts seen across the UK following an unplanned outage at BE’s Sizewell B nuclear plant in Suffolk read more...
28 May 2008
Power cuts seen across the UK following an unplanned outage at BE’s Sizewell B nuclear plant in Suffolk read more...
Supply Costs on the Up Too
Analysis suggests that energy supply costs are on the up too with increases of 9% seen in gas and 15% in baseload power. read more...
15 May 2008
Analysis suggests that energy supply costs are on the up too with increases of 9% seen in gas and 15% in baseload power. read more...
EU unbundling bungled
EU still voting on how to unbundle the energy companies of Europe. read more...
29 February 2008
EU still voting on how to unbundle the energy companies of Europe. read more...
One grid operator
As usual the UK government attempt to unify abroad and alienate at home. read more...
14 December 2007
As usual the UK government attempt to unify abroad and alienate at home. read more...
25GW of off-shore wind farms
The DTI (as was) has highlighted a potential 25GW of off-shore wind farms, if accurate there are still significant planning obstacles. read more...
10 December 2007
The DTI (as was) has highlighted a potential 25GW of off-shore wind farms, if accurate there are still significant planning obstacles. read more...
November 2011 Review
While debt repayment concerns combined with woeful economic indicators continued to be a feature throughout November, supply and demand fundamentals were an obvious driver too. Unseasonably warm weather combined with (and causing) plentiful gas storage meant that UK power and gas markets went into a nose dive. read more...
02 December 2011
While debt repayment concerns combined with woeful economic indicators continued to be a feature throughout November, supply and demand fundamentals were an obvious driver too. Unseasonably warm weather combined with (and causing) plentiful gas storage meant that UK power and gas markets went into a nose dive. read more...
Prepare for the clash of OPEC & IEA
With less than a month to go until OPEC meets, the statements are beginning to fly: OPEC believe the oil market looks balanced while the IEA again are saying that high oil prices could harm fragile global economic growth. Let the battle begin! read more...
23 November 2011
With less than a month to go until OPEC meets, the statements are beginning to fly: OPEC believe the oil market looks balanced while the IEA again are saying that high oil prices could harm fragile global economic growth. Let the battle begin! read more...
Markets Still Jittery
Most markets reported further losses today on the back of underlying nerves about the ability of both Europe and the US to repay their debts. Oil, commodities and equities all reported losses. read more...
21 November 2011
Most markets reported further losses today on the back of underlying nerves about the ability of both Europe and the US to repay their debts. Oil, commodities and equities all reported losses. read more...
Turmoil returns on Greek Announcement
Following last weeks announcement that the eurozone leaders had reached an agreement on a Greek bailout - one that would see banks take a 50% hit on their holdings of Greek debt, the Greek Prime Minister made his own shocking announcement that he plans to hold a referendum on the matter. The Markets tumble in response. read more...
01 November 2011
Following last weeks announcement that the eurozone leaders had reached an agreement on a Greek bailout - one that would see banks take a 50% hit on their holdings of Greek debt, the Greek Prime Minister made his own shocking announcement that he plans to hold a referendum on the matter. The Markets tumble in response. read more...
Eurozone Debt Deal Announced
After prolonged discussions and late night talks, European leaders have announced a agreement on a a Eurozone debt deal. But will the devil be in the detail? read more...
27 October 2011
After prolonged discussions and late night talks, European leaders have announced a agreement on a a Eurozone debt deal. But will the devil be in the detail? 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...
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