
04 June 2008
The markets are not responding to a fall in oil but it is something which will eventually happen.
The market has now fallen in oil by a further $2 and this has caused the back end of the curve to fall with it. The electricity complex is still remaining quite high on the back of the high prompt prices, and with continuing supply problems being seen. It is fortunate that June is forecast to be a mild month with quite heavy rainfall on some days.
At this stage the number of bearish stories is feeding into the fuel markets but tending not to effect electricity and gas too much this will start to change soon.
We have reached peak oil .... again?
 
31 July 2009
Another article in the press this week suggests that we face peak oil imminently (we say another article because various academics have been reporting this fact periodically over the past few years). In any event, whether peak oil (the point at which growth in
supply is less than the growth in demand) occurred this week, last month or last year, the point is we have, or are about to, reach a turning point and something ought to be done.
 
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All Quiet....
 
30 July 2010
A very quiet day in the UK energy markets which saw very little traded during the period - hardly surprising given the combination of usual Friday slowdown, holidays, a comfortable system as well it being the last traded day of the month.  
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Natural Gas the one to watch
 
08 March 2010
The power curve ended the week down feeling the pressure from the fuel curves as well as healthy supply situation. Looking forward, the gas market is the one to watch as it continues to dominant the fuel mix accounting for 50% of generating plant.  
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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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