Northern Gas and Power

#NGPNews | UK Businesses Call for Enhanced Support for Electric Vehicles Amidst government inaction and inadequate infrastructure, UK businesses have urged for increased support in the transition to electric vehicles (EVs). A recent report submitted by The Social Market Foundation emphasises a glaring mismatch: while funds for charging infrastructure sit largely untouched, businesses struggle with high costs and slow charging times. This stagnation is not only hindering cost savings for businesses but is also undermining the UK’s environmental goals. With the end of business-EV subsidies on the horizon, small and medium-sized enterprises are bracing for even tougher times ahead. How might this affect the UK’s energy landscape and commitments to a greener future? Read more on this story here 👇 🔗 https://lnkd.in/eegbhrsk You can subscribe to our free Daily Market Reports here: 🔗 https://lnkd.in/ejmbhwns #EnergyMarkets | #EnergyCrisis | #BusinessEnergy | #EnergyPrices | #EnergyIndustry | #Energy | #UKEnergy | #EnergySecurity

Morning Energy Briefing | Tuesday 30 July 2024 Day ahead gas contracts are trading higher this morning at 79.45 p/th (2.67 p/kWh). Day ahead power contracts open higher at £77/MWh (7.7 p/kWh). Wind generation is currently forecast at 2.87GW to the grid, equivalent to 10.5% of its total power generation, seasonally normal wind generation would be around 7GW. You can subscribe to our free Daily Market Reports here: 🔗: https://lnkd.in/ejmbhwns Or contact our trading desk here: 📩: [email protected] Full report here: 👉: https://lnkd.in/dnKMQDcZ #EnergyProcurement | #EnergyTrading | #EnergyManagement | #EnergyStrategy | #RiskManagement | #EnergyIndustry

Watch our Weekly #EnergyMarket Review! 📈 This week we highlight the key drivers affecting UK gas and power markets last week. We review global gas prices, global power prices and provide analysis of the UK's power price curve. Watch our analysis below for more information! 👇 https://lnkd.in/ev4Ciy7v You can subscribe to our free Daily Market Reports here: 🔗 https://lnkd.in/ejmbhwns Or contact our trading desk via: 📧 [email protected] #EnergyMarkets | #EnergyTransition | #BusinessEnergy | #EnergyPrices | #EnergyIndustry | #LNG | #FossilFuels | #EV | #ClimateAction | #NetZeroTransition | Latif Faiyaz | Julian Hernandez | Alison Bierlaire | Edward Bilton | Ian Muir | lukas walsh | Kaspar Strugar | Amelia Santerre

#NGPNews | What Are the Future Plans for Great British Energy? As the UK takes a bold step towards achieving a net zero grid by 2030, the launch of Great British Energy marks a significant milestone in the nation's renewable energy journey. This state-owned enterprise aims to empower local communities, drive private sector collaboration, and create sustainable jobs through its ambitious Local Power Plan.With plans to roll out up to 8GW of renewable energy projects, Great British Energy will play a key role in decentralising energy production and reducing grid pressure. The involvement of local authorities and community groups promises to foster greater local ownership and investment. How will the establishment of Great British Energy reshape the UK's energy landscape and impact our journey towards a sustainable future? Read more on this story here 👇 🔗 https://lnkd.in/ePDsy9HS You can subscribe to our free Daily Market Reports here: 🔗 https://lnkd.in/ejmbhwns #EnergyMarkets | #EnergyCrisis | #BusinessEnergy | #EnergyPrices | #EnergyIndustry | #Energy | #UKEnergy | #EnergySecurity

#NGPNews | Great British Energy: A New Era in the UK’s Energy Sector The UK’s energy landscape is set to transform significantly with the launch of Great British Energy, a new publicly owned company aiming to accelerate the delivery of clean energy. With ambitious plans to develop 20-30GW of new offshore wind farms by 2030, potentially powering nearly 20 million homes, and a focus on regional development through local energy generation projects, Great British Energy is set to redefine the UK’s energy future. How will this new initiative impact the UK’s journey towards energy independence and sustainability? Read more on this story here 👇 🔗 https://lnkd.in/eBqWN6BZ You can subscribe to our free Daily Market Reports here: 🔗 https://lnkd.in/ejmbhwns #EnergyMarkets | #EnergyCrisis | #BusinessEnergy | #EnergyPrices | #EnergyIndustry | #Energy | #UKEnergy | #EnergySecurity

#NGPNews | Royal Household's Green Push: Biofuel Bentleys, Solar Panels, and Energy Upgrades The Royal Household has taken significant steps towards sustainability, including converting the King’s Bentleys to biofuel and installing solar panels at Windsor Castle. The annual accounts show £86.3 million in taxpayer funding and new measures like upgrading Buckingham Palace’s gas lanterns to energy-efficient fittings. Despite a 4% increase in total emissions from last year, due to higher travel and electricity use, the Royal Household is committed to reducing emissions. Emissions from heating and natural gas have decreased by 3%, but carbon dioxide emissions from purchased electricity have risen slightly, linked to a 7% increase in UK electricity generation emissions from more natural gas use and less renewable energy. What impact could these royal initiatives have on the UK’s energy landscape? Read more on this story here 👇 🔗 https://lnkd.in/gSpWcSmT You can subscribe to our free Daily Market Reports here: 🔗 https://lnkd.in/ejmbhwns #EnergyMarkets | #EnergyCrisis | #BusinessEnergy | #EnergyPrices | #EnergyIndustry | #Energy | #UKEnergy | #EnergySecurity

The National Grid Electricity System Operator (ESO) is now offering the Demand Flexibility Service (DFS) year-round. This initiative has engaged 2.6 million participants who benefit from reduced energy costs and earn rewards while contributing to grid stability. Participants will receive notifications in advance, after which they will be required to adjust their power usage during specified times. In return, they will be compensated for their efforts. The availability of DFS throughout the year will provide continuous opportunities to enhance grid reliability and receive incentives. Businesses with the capability to adjust their electricity usage and who are equipped with half-hourly metering are eligible to participate. How could your business benefit from this scheme? Read more about the DFS in our blog below 👇 https://lnkd.in/e4KPHP36 #EnergyMarkets | #EnergyCrisis | #BusinessEnergy | #EnergyPrices | #EnergyIndustry | #UKEnergy | #EnergyTransition | #NetZero

#NGPNews | UK to Mandate Green Jet Fuel by 2025 The aviation industry contributes significantly to global greenhouse gas emissions. But what if our flights could be greener and more sustainable? Starting January 1, 2025, the UK Government is introducing a mandate for sustainable aviation fuel (SAF) that aims to revolutionise air travel and reduce emissions by up to 70% over the fuel's lifecycle. With plans to increase SAF usage to 22% by 2040, this initiative not only promises environmental benefits but also economic growth, potentially adding £1.8 billion to the economy and creating over 10,000 jobs. What kind of impact could this have on the UK’s energy landscape and future travel? Read more on this story here 👇 🔗 https://lnkd.in/eJRghNAg You can subscribe to our free Daily Market Reports here: 🔗 https://lnkd.in/ejmbhwns #EnergyMarkets | #EnergyCrisis | #BusinessEnergy | #EnergyPrices | #EnergyIndustry | #Energy | #UKEnergy | #EnergySecurity

#NGPCareers | Energy Sales Consultant We’re #hiring Energy Sales Consultants to join our outstanding B2B Sales team in Gateshead. Our ideal candidates have the drive and ambition to learn, earn and progress in their career at the largest energy consultancy in Europe. With unlimited earning potential and the opportunity to work with some of the UK’s biggest corporations, this could be your chance to #ChangeYourLife! Interested? Apply today! 🔗 https://lnkd.in/edGyz_Dx #ChangeYourLife | #EnergyProcurement | #NGPCareers | #Sales | #EnergyIndustry | #SalesConsultant | #CareerOpportunities | #JobOpportunities | #JobSeekers | #Energy

#NGPNews | Crude Oil Prices Rise as Biden Exits Presidential Race Crude oil prices began the week with gains, buoyed by hopes of a rate cut and recovering from recent losses. The most significant development of the week is President Biden's withdrawal from the presidential race, endorsing Kamala Harris, who promises a tougher stance on the oil industry. Harris’s history as California attorney general, including lawsuits against Big Oil and support for banning fracking, signals potential major changes ahead. With wildfires in Alberta and escalating tensions in the Middle East adding fuel to the fire, the volatility continues. Will these developments drive up energy prices in the UK, or could they accelerate the transition to alternative energy sources? Read more on this story here 👇 🔗 https://lnkd.in/eUKu5Mri You can subscribe to our free Daily Market Reports here: 🔗 https://lnkd.in/ejmbhwns #EnergyMarkets | #EnergyCrisis | #BusinessEnergy | #EnergyPrices | #EnergyIndustry | #Energy | #UKEnergy | #EnergySecurity