E10 The ‘New Green’ Petrol
On 1st September we saw the introduction of a new greener E10 petrol which is now the new standard grade. Many people are unsure what this new fuel is or what it means for them. The good news is that over 95% of petrol vehicles will be compatible, although some older and classic cars will […]
Energy Report September 2021
Headlines: Gas storage levels have improved Shortage of LNG supplies and uncertainty regarding Russian Gas deliveries More Electricity connectivity with the continent is on its way Energy Overview As of the 6th of September, Gas and Electricity Year Ahead Wholesale costs are higher, when compared to last month’s report. The Oil price is higher at […]
The Impact of Low Gas Storage Levels
You are likely to have noticed that Gas and Electricity Wholesale costs are currently showing a premium for Winter 2021. So, what is causing this? Most people would agree, the driving factor is the very low level of Gas Storage and the concern for its availability this coming winter. As of the 9th of August, our Medium Range Storage (MRS) levels were just 55% of those in 2020 and 60% of 2019. […]
Energy Report August 2021
Headlines: Very low Gas Storage levels Shortage of LNG deliveries The potential for an improved Wind contribution in August Energy Overview As of the 9th of August, Gas and Electricity Year Ahead Wholesale costs are higher, when compared to last month’s report. The Oil price is lower than last month at $69 per barrel, from […]
Sustainability Series – Newton Property Management
As part of our Swan Sustainability Series we want to talk to different industries and what businesses are doing currently in terms of Net Zero and Sustainability, not only within their own companies, but how they are helping their customers with reducing their carbon footprint. We interviewed Derek MacDonald, Joint Managing Director at Newton Property […]
Coal to be no more come 2024
Coal has been part of the UK’s electricity mix since the very beginning of centralised power generation. The world’s first coal-fired power station was built in Holborn, London in 1882, putting the UK at the forefront of cutting-edge technology at the time. The fossil fuel is a reliable means for both baseload power and providing a […]
Energy Report July 2021
Headlines: Very low gas storage levels Shortage of LNG deliveries Wind’s contribution to generation continues to be low Energy Overview As of the 5th of July, Gas and Electricity Year Ahead Wholesale costs are higher, when compared to last month’s report. Oil has reached its highest point since late 2018 at $77 per barrel. OPEC+ […]
What Is Net Zero & Are Businesses Ready?
The term Net Zero is a phrase that a lot of companies and organisations are starting to use, as well as others including sustainability and carbon neutral, but what does this mean and how does it affect us. Lots of us have heard the term Net Zero but a lot of us are not aware […]
Energy Report June 2021
Headlines: Very low Gas Storage levels. Warmer temperatures in June may allow us to divert Gas into Storage. Oil prices are at a two year high. Energy Overview As of the 2nd of June, Gas and Electricity Year Ahead Wholesale costs are higher, when compared to last month’s report. Oil is at a two year […]
Are we doing enough collectively for future generations to live sustainably?
2030 Agenda for Sustainable Development If you have not heard of the 2030 Agenda for Sustainable Development, it is an agenda set out by the United Nations as a plan of action for people, the planet and prosperity. The goals and targets that they set out will inspire action over the next fifteen years in […]