Specialised I&C power and gas supplier
Brook Green Supply manages a diverse portfolio of Industrial and Commercial energy consumers across the UK. Energy markets are evolving rapidly and by specialising in the I&C sector of the market, we can provide our customers with the highest level of expertise and focus.
The massive growth of renewables in the UK energy markets has already brought about significant changes for energy intensive businesses in the UK. Asides from supplying renewable sourced power, we’re committed to helping customers optimise their energy supply in the context of a grid increasingly characterised by intermittent generation, and a market that we believe will reward flexibility on the demand side.
The Brook Green management team has experience across operations, trading, risk management and policy enabling us to provide the most comprehensive energy packages for our customers, rather than be limited to the traditional offerings from supply companies.
The ever-changing energy industry saw another week of volatility as governments across Europe looked to protect their consumers and economies from large scale increases in prices going to winter.
Energy markets continued their volatile nature last week as the market saw a mass sell off through pricing curves. This began with the UK market selling off after the long bank holiday weekend, dropping 180p/therm on front month NBP contracts.
Last week saw continued high prices as there appears to be no stopping the bulls in the current climate. Prices along the curves and across the energy spectrum saw gains as risk continues to be priced into energy contracts.
Last week saw volatility as the markets remained nervous amid a poor outlook for winter supply. Gazprom announced that flows via Nord Stream 1 were going to be cut further, down to 20% of it’s capacity.
Last week saw the continuation of volatility as Nord Stream 1 maintenance came to an end. The market spent the first few days of the week anticipating the outcome of the 10-day Nord Stream 1 annual maintenance.
The energy markets continued their volatility last week with change to the shape of pricing curves. Front month Aug-22 contracts sold off on Friday afternoon as the risk premium was shed as it gets closer to delivery.