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 beginning of last week saw Freeport LNG terminal seek permission to start injecting natural gas into its cooling pipes, signalling the imminent return to operational capacity, this saw front month gas markets shed value aggressively.
Last week saw the market begin to be laced with short term bullish sentiment as low wind generation and cold temperatures helped to support gas demand across Europe.
Last week saw the market dominated by bearish sentiment as wind generation and wild temperatures helped to reduce gas demand across Europe. Weather forecasts continue to the driving force for movements in markets.
Last week saw a major sell off particularly in front month contracts but also along the curve as a result of bearish weather fundamentals and plentiful supplies of LNG arriving on UK shores.
Last week saw the market begin very bullishly as a result of significant emerging weather fundamentals, namely: cold temperatures and low wind generation (20% below seasonal norms). This resulted in some highly volatile price action along the curve.
Early last week saw markets come off hard, while still littered with volatility as prices were jumping around and very large trading ranges emerged across most contracts. However, the markets well and truly closed in a bullish manner.