OPTIMISE THE VALUE OF EVERY POUND SPENT ON YOUR UTILITIES Brought - - PowerPoint PPT Presentation

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Oct 29, 2023 41 likes •145 views

OPTIMISE THE VALUE OF EVERY POUND SPENT ON YOUR UTILITIES Brought to you by CRYSTAL BALL TIME The clearest picture of the energy market WIDER VISIBILITY OF WHOLESALE ENERGY PRICES Newspapers Generators Suppliers Other traders EXTERNAL

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OPTIMISE THE VALUE OF EVERY POUND SPENT ON YOUR UTILITIES Brought to you by

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CRYSTAL BALL TIME

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The clearest picture of the energy market

WIDER VISIBILITY OF WHOLESALE ENERGY PRICES

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EXTERNAL SOURCES FOR MARKET INSIGHT

Newspapers Generators Other traders Suppliers

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20 30 40 50 60 70 80 Jan 2014 May 2014 Sep 2014 Jan 2015 May 2015 Sep 2015 Jan 2016 May 2016 Sep 2016 Jan 2017 May 2017 Sep 2017 Jan 2018 May 2018 Sep 2018 Jan 2019 20 30 40 50 60 70 80 Jan 2014 May 2014 Sep 2014 Jan 2015 May 2015 Sep 2015 Jan 2016 May 2016 Sep 2016 Jan 2017 May 2017 Sep 2017 Jan 2018 May 2018 Sep 2018 Jan 2019

Gas Electricity

SHOCK TO THE SYSTEM

Rolling 12 Month Contract High 3/4 1/2 1/4 Low

Pence/therm £/MWh

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Consumer Behaviour Bank Holidays School Holidays Time of Day

GAS PRICE

WIDER ENERGY COMPLEX CCGT POWER DEMAND SUPPLY & STORAGE LDZ DEMAND

UKCS Supply Mid-Range Storage Asset Outages LNG Supply European Supply European Hub Pricing Gas Interconnectors LDZ Demand Temperature Gas-for-Power Demand Nuclear Power Generation Solar Power Generation Wind Power Generation Power Prices EU-ETS Prices Crude Oil Prices Sterling Strength Coal Price

WHOLESALE DRIVERS - GAS

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WIDER ENERGY COMPLEX WEATHER

POWER PRICE

DEMAND SUPPLY

School Holidays Bank Holidays Time of Day Consumer Behaviour Cloud Cover Lighting Temperature Climatisation / Electric Heating Revisions Asset Outages European Hub Pricing Power Interconnectors Power Stations / Grids Precipitation / Snow Melt Wind Solar Radiation Reservoir / River Hydro Plants Wind Generators PV / Solar Renewable Power Generation Thermal Power Plants EU-ETS Prices Crude Oil Prices Coal Prices Gas Prices

WHOLESALE DRIVERS - POWER

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FORECAST: UPSIDE AND DOWNSIDE

20 40 60 80 100 120 2010 2015 2020 2025 2030 2035 2040 2045 2050

Wholesale gas price (Pence/therm) History High Case Base Case Low Case

History High Case Base Case Low Case

Wholesale gas price (Pence/therm)

Source: National Grid, 2018 Future Energy Scenarios

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£- £20.00 £40.00 £60.00 £80.00 £100.00 £120.00 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 £/MWh

BSUoS Climate Change Levy (CCL) Capacity Market AAHEDC Elexon Contracts for Difference (CfD) Feed in Tariff (FiT) Renewables Obligation (RO) TNUoS DUoS

LONG-TERM VIEW

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