Power Factor Correction & Voltage Management Systems

"Your Weekly Energy Market Report 07/04/2020"

YOUR WEEKLY ENERGY MARKET REPORT Welcome back to those who have been following our weekly report and welcome to all new visitors. To follow us and to read the detailed weekly report on energy intelligence click here This week’s market report shows near curve prices came under bearish pressure from an oversupplied system on Friday, as the UK’s gas supplies recovered considerably following the previous day’s temporary pipeline flow restriction from Norway. There have been higher temperatures over the weekend which have so far spread over into this week, helping to keep demand forecasts in check, with suggestions of stronger wind forecasts also helping to alleviate some pressure on gas-fired generation in making up the national grid’s stack. Low market…

"Your Weekly Energy Market Report 31/03/2020"

NEW YOUR WEEKLY ENERGY MARKET REPORT Welcome back to those who have been following our weekly report and welcome to all new visitors. To follow us and to read the detailed weekly report on energy intelligence click here This week we can see the impact of how stricter lock down measures are meaning that demand levels continue to fall as companies are now operating from home or have ceased trading until further notice, leaving offices and factories shut. This morning’s session has seen the UK Gas system open largely oversupplied again, as the UK could look to offload surplus supply into mainland Europe. This would add further weight to prices. A Qatari LNG tanker is expected at South Hook terminal…

"COVID-19 Statement"

As the situation around Coronavirus (COVID-19) continues to evolve, EnergyAce would like to provide all our customers and partners with key information regarding our ongoing response to the outbreak. The safety of our staff, customers and all our partners is our highest priority and we are taking the advice of Public Health England and the NHS to ensure we follow the latest guidelines. We continue to support all essential operations and currently operating with a skeleton staff and home working to respond to all urgent orders, breakdowns and emergencies. EnergyAce have the ability to operate the business remotely and in the coming weeks, some staff will be working from home while utilising conference calling software, client-facing meetings will be rearranged…

"Your Weekly Energy Market Report 24/03/2020"

NEW YOUR WEEKLY ENERGY MARKET REPORT Welcome back to those who have been following our weekly report and welcome to all new visitors. To follow us and to read the detailed weekly report on energy intelligence click here In this week’s energy market report, we can see that the UK’s gas system opened long on Friday morning, with healthy levels of Norwegian and European continental flows reported. More people have started to work from home in the last few weeks which means that forecasted demand levels for domestic consumers has been underestimated by National Grid. The announcement from Boris Johnson yesterday was that stricter measures are now being put in place to stop people from leaving their homes, unless it…

"Your Weekly Energy Market Report 10/03/2020"

NEW YOUR WEEKLY ENERGY MARKET REPORT Welcome back to those who have been following our weekly report and welcome to all new visitors. To follow us and to read the detailed weekly report on energy intelligence click here In this week’s market report, we can see that the UK System is short thus far this week as demand sits just below seasonal norms and storage send out remains low. Wind generation is strong again today making up around 24% of generation stack but electricity supply is heavily reliant on gas powered generation at 45%. Temperature forecasts adjusted back to seasonal norms on Monday, with just a spot of warmer weather expected today, although rain is still present. The rest of…

"Your Weekly Energy Market Report 03/03/2020"

NEW YOUR WEEKLY ENERGY MARKET REPORT Welcome back to those who have been following our weekly report and welcome to all new visitors. To follow us and to read the detailed weekly report on energy intelligence click here In this week’s energy market report, we can see how milder temperatures are having an effect on the UK gas demand. Last Friday brought milder temperatures than we have seen recently and an increase in the level of wind generation, the UK system was much more balanced as gas demand reduced to the seasonal average. Norway flow remained strong at 108mcm with LNG send out just shy of 70mcm. The decrease in demand also meant that UK Storage withdrawals fell in line…

"Fuel Poverty Awareness Day Results"

EnergyAce is a proud patron of National Energy Action (NEA) and has been for over 6 years, supporting the great work that it does across the UK in helping to eradicate fuel poverty from households. Back on the 29th November we posted to support the NEA on Fuel Poverty Awareness Day, a national initiative with the goal of raising awareness of fuel poverty and the solutions that are available to help those in need. The day itself was in the same week that it was revealed 23,200 extra people died in Winter 2018/2019, which has been described as a “badge of shame”. The day also launched the Warm and Safe Homes Campaign, with the NEA continuing to raise awareness over…

"Your Weekly Energy Market Report 25/02/2020"

NEW YOUR WEEKLY ENERGY MARKET REPORT Welcome back to those who have been following our weekly report and welcome to all new visitors. To follow us and to read the detailed weekly report on energy intelligence click here In this week’s market report we can see there has been a continuation of the effect of current global issues and the impact they are having on the market. There was a change in the weather with much milder weather forecasts leading to a lower gas demand than normal. However, there has been higher wind generation levels recorded through Storm Ciara and Storm Dennis resulting in less pressure on the UK’s gas system to meet heating and gas demands. The expectation of…

"Your Weekly Energy Market Report"

NEW YOUR WEEKLY ENERGY MARKET REPORT To follow us and to read the detailed weekly report on energy intelligence click here When looking at your energy bills, it is interesting to see how many different factors influence the total cost of your delivered energy. Topical subjects like coronavirus a seamingly unrelated global issue can have a significant effect on the rise and fall of market prices. The UK has been on high alert in the past week with Storm Dennis approaching and increases in peak wind generation helped to cut demand from gas-fired means of generation in balancing the UK’s demand/supply quandary on Friday, ensuring a healthily supplied National Grid. Temperature forecasts in the UK are set to increase meaning…