The Energy Marketplace

Mandatory Half-Hourly Settlement for Profile Classes 5-8

By 1st April 2017, all non-domestic consumers with meter Profile Classes 5-8 will be required to have half-hourly metering. This is due to the, ‘Balancing and Settlement Code Modification P272: Mandatory Half-Hourly Settlement for Profile Classes 5-8’. What is the Balancing and Settlement Code? The Balancing and Settlement Code (BSC) was introduced as part of… Read more »

Inspired Energy’s Nick Campbell Shares His View on the Latest Climate Change Levy Update

Chancellor George Osborne delivered the first wholly conservative budget since 1996 and his plans included scrapping an “outdated” Climate Change Levy exemption on renewable power. There is a lot of debate surrounding his plans but the decision to scrap the climate change tax exemption for renewables, while confirming tax reductions on North Sea gas and… Read more »

Dungeness-B Keeps Energy Prices in Check

The scheduled return of the Dungeness-B nuclear reactor kept power prices suppressed in the face of early gains in their gas counterparts. System tightness caused by reduced gas flows was also partly offset in the wholesale power market thanks to consistent wind output and improved forecasts. Day Ahead was able to trade flat from Friday’s… Read more »

Warmer weather set to extend losing streak for EU natural gas prices

Inspired Energy PLC’s Risk Manager, Nick Campbell has been featured in Bloomberg News again today discussing how a sixth month of warmer-than-usual weather in May, is set to extend the longest losing streak for European natural gas prices in almost five years. Four of six meteorologists predict temperatures in Western Europe will be above normal this month, according… Read more »

UK natural gas at three year low

Inspired Energy PLC’s Nick Campbell has contributed to an article in Bloomsberg News, as U.K. natural gas fell to a three-year low. Weather forecasts pointed to higher temperatures this week than previously estimated and demand declined to the lowest level since October. “It’s what we keep referring to as a perfect storm, in that we’ve had… Read more »