
09 May 2007
Rarely to the worlds of commodities and equities cross in terms of trading but those traders with a wider scope will look at this information in more detail.
It is interesting to note that when power prices tumbled at the beginning of the year shares prices in power companies did not fall. In fact rumours of mergers and acquisitions forced some them to remain steadfastly high. International Power for example bashed through the £4 mark with fund managers and traders sighting it as a takeover possibility. Furthermore, Scottish and Southern a company that has doubled in value over the last three years also remains very high.
As oil prices and metal prices continue their summer surge the likes of Rio Tinto and also Anglo American have continued to rise setting new highs as the value of their commodity rises. Power prices do not look like rising dramatically and will continue to follow gas power and emissions prices, but the share prices can lead investors to look at the raw commodity in more detail, and green power shares have rocketed. Clearly some people feel that this market has upside potential.
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Fundamentals (Part 2)
 
23 January 2007
The long run marginal cost is only useful for existing plant, but players must understand that new build and new technology has to be planned for. In the old days under nationalised industries this was a rolling plan. Now markets have to provide this level of help. Therefore cycles of rises and falls are inevitable.  
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The Windy Dichotomy
 
02 March 2006
Wind farms have always struggled with planning permissions. As another potential site gets rejected by the government, the question has to be asked is the UK's green generation policy just lip service to appease the green lobby.  
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Investing in the Future
 
11 June 2010
The Wave and Tidal energy sector gets nervous ahead of the E-budget, concerned that funds will suffer as part of anticipated public spending cuts. Should this sector suffer?  
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Labour's Pre Budget Report - Good News for the Bingo Players!
 
09 December 2009
Labour's Darling delivered his (probably last) pre budget report which included a range of measures to "tackle" the country's balance sheet. Among a range of tax raising measures, it was heartening to see that the Bingo players out there will see duty fall 2% to 20%!  
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We're borrowing less than expected....
 
20 August 2010
As the government prepares its spending review it will no doubt welcome the latest figures that show net borrowing for July at £3.8bn. While still sizeable, this is £1.2bn less than forecast and well down on the £6.1bn that was borrowed in the same month last year.  
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Green Investment Bank still a Concept
 
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.  
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A week of Positives
 
09 July 2010
This was a week for good news in the Financial markets; the IMF upgraded its forecasts for world economic growth and there was increasing confidence that European banks would pass their stress tests. Borrowers were pleased, though not surprised that UK interest rates remained unchanged. Overall world stock markets recorded gains across the week.  
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Unemployment Figures Rise
 
16 June 2010
Unemployment rose to 2.47m during the first 3 months of the year and with further public sector cuts widely anticipated, things don't look particularly rosy. A very tricky balancing act lies ahead - sort out the deficit but beware the pull from the black hole called recession.  
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