Wholesale markets remain unpredictable with a number of new drivers beginning to emerge. Global demand – or rather the lack it – appears to be the dominant driver of the day and, with no sign of this changing in the short term, prices continue to be held in check.
The latest Capacity market auction cleared its lowest price yet, reflecting what many analysts are calling an oversupplied market – something that was thought to be the stuff of fantasy just a few years ago. With more and more de-centralised generation, DSR and Interconnected generation available, the need for new large scale central power generation has eased but for how long?
Green scheme launched By continuing our commitment to help our customers save on energy costs, this month Energy Management has launched the Energy Reduction Quality Scheme which targets a long term 20% saving in energy costs purely through behavioural changes within an organisation. Site results are measured and displayed using our bespoke EM-Powered software.