Energy Report October 2021
Headlines: Gas and Electricity Wholesale prices show extreme volatility in September. Shortage of LNG supplies and uncertainty regarding Russian Gas deliveries. Partial outage of our largest Electricity Interconnector until March 2022 Energy Overview As of the 4th of October, Gas and Electricity Year Ahead Wholesale costs are higher, when compared to last month’s report. The […]
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 […]
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 […]
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 […]
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 […]
Checkpoint Changes – On The Road To Net Zero
We all thought the legally-binding commitment to reduce UK carbon emissions to Net Zero by 2050 was ambitious, but now the Government has committed to a 78% by 2035 (against 1990 levels). The latest Carbon Budget, published on 20 April, now commits the country to a very challenging interim target on our journey. Following recommendations […]
Renewable Energy & Self-Generation
Energy is an inevitable cost for most businesses. As costs fluctuate and environmental legislation becomes increasingly complex, more businesses are investigating the opportunities offered by renewable energy sources. These technologies are becoming ever more important as we move towards a more sustainable society. There are a wide range of options available for businesses looking to […]
Energy Report March
Headlines: Below seasonal norm temperatures are forecast LNG shipments are heading back to Europe Gas Storage levels are low Energy Overview As of the 3rd of March, Gas and Electricity Year Ahead Wholesale costs are lower, when compared to last month’s report. The price of Oil did reach a high of $67 a barrel, levels […]
Energy Report – January
Headlines Below seasonal norm temperatures LNG shipments heading to Asia New national lockdown Energy Overview As of the 5th January, Gas and Electricity Year Ahead Wholesale costs are higher, when compared to last month’s report. The price of Oil has steadily increased over the last month, from $49 to $53 a barrel, the highest since […]