Power Factor Correction & Voltage Management Systems

"Your Weekly Energy Market Report 20/05/2020"

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 Price increases on the near curve were contained somewhat, as reports of milder weather and a healthy LNG outlook for the remainder of this month continued to suppress price movements for short term contracts. Norwegian flows into the UK remained low as the week closed, with a number of scheduled maintenance procedures going ahead on key North Sea infrastructure. The renewables mix also remained strong on Friday and throughout the course of the weekend, with levels of solar and wind generation making up…

"Your Weekly Energy Market Report 13/05/2020"

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 Demand levels heading into the bank holiday weekend sat much lower than seasonal norms largely due to warmer weather, reducing heating demand. In addition, the bright conditions boost solar generation but this additional supply was offset by low wind generation. The wider commodity mix have witnessed steady gains in recent weeks as countries eased business and social lockdowns and fuel demand has picked up modestly. Indeed, renewed optimism going into the weekend provided support for Carbon prices, which in turn added some pressure…

"Your Weekly Energy Market Report 06/05/2020"

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 Some early morning bullishness was seen during Friday’s session as the expectation of a rise in exports from the UK to Belgium forced day-ahead and month-ahead contracts upwards. Furthermore, an expectant fall in daily LNG send out into the UK’s gas system also had a bullish impact. Throughout the course of the day bearish sentiment began to take hold, instigate a correction of some of the upside risk seen earlier on. Stronger levels of wind generation, warmer temperatures, a weakening Carbon price and…

"Virtual Youth Zone"

Over the past month, the wonderful Wigan Youth Zone (WYZ) team have established a completely new platform to engage young people who need their support now more than ever. They’ve been overwhelmed at how well their ‘Virtual Youth Zone’ has been adopted by the young people and the feedback they have received from young people, parents and the wider community has been exceptional. These times are difficult for young people with reported increases in abuse and diminished mental health; Wigan Youth Zone is committed to doing as much as we can at this critical time. It is with this context, that I am pleased to share with you the headlines from a very eventful and successful month as well as…

"Your Weekly Energy Market Report 15/04/2020"

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 reports show us how a mixture of varied movements was seen across UK gas and electricity price curves in last Thursday’s session, ahead of the long Easter weekend. Strong pipeline flows from Norway and via LNG injection into the system ensured that the system was slightly oversupplied from open to market close. Additionally, the short-term LNG outlook remains positive, with 10 LNG vessels scheduled to arrive in the UK before the end of April. UK and European weather forecasts remained…

"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…