Intermarket linkages are increasingly driving energy asset value and risk.  Market linkages across different commodities are becoming more important ...

Commercial evolution of the LNG market has accelerated over the last three years. This is the result of new and more flexible sources of supply.  But ...

We flagged a ‘take off’ in European merchant battery investment as one of our 5 surprises to watch out for in 2019. Investment momentum has been a ...

Decarbonisation of the European gas market will involve very large scale investment across the supply chain, regardless of the pathway via which it is ...

When the UK capacity market was introduced in 2014, large grid connected CCGTs were anticipated to be the primary provider of new capacity.  Step for ...

‘Battery storage flexibility is a key building block of a decarbonised power sector.’ This statement is not a myth.  In fact it is almost a tr ...

Like cars, gas storage assets come in a range of sizes and speeds.  Any conversation comparing the relative merits of different storage assets tends ...

This decade has been a tough one for owners of flexible midstream gas assets such as storage, pipelines & regas terminals. Asset returns have been ...

Averaging wind and solar output volumes reveals some structural patterns.  Wind output tends to be higher during the day time than at night and has a ...

The transition taking place in European power markets is reshaping supply stacks. Retiring coal, CCGT & nuclear plants are being replaced with a c ...

The current interest in UK merchant battery investment is supported by some powerful fundamental drivers. The most important of these is a strong case ...

2019 may be the breakthrough year for merchant battery investment in the UK.  Battery developers have re-focused investment cases on wholesale market ...

To trade or not to trade. This has been a philosophical question confronting energy company boards since the liberalization of energy markets. Trad ...

Battery storage broke through the investment viability barrier in the UK’s 2016 capacity auctions. 200MW of batteries were successful in the 2016 ...

Storage capacity is a feature of most European gas portfolios.  Traders and portfolio managers use storage as a key source of midstream flexibility t ...

Plant closure decisions are usually driven by expected profit.  But a simple assessment of plant profitability is usually an inadequate approach to i ...

European power markets are facing a demographic issue.  Flexible thermal generation capacity is ageing at a faster rate than it is being replaced. ...

Owners of gas and power assets in Europe are increasingly contracting 3rd parties to provide market access services. This is a function of changing as ...

A major transition is taking place with European energy asset ownership structures. Thermal power and midstream gas assets have traditionally been own ...

Infrastructure investors are set to feature as prominent buyers of conventional supply assets, as utilities ramp up asset sales in Europe. European ut ...

Long term contracts play an important role in enabling the owners of flexible gas and power assets to monetise asset value and manage market risk. Com ...

The pricing terms of long term contracts on flexible gas & power assets are typically the subject of lengthy negotiations. They also often remain ...

Long term contracts are a cornerstone of the energy industry. They play a key role in underpinning the capital expenditure required to develop assets. ...

European energy asset transaction activity is on the rise. After ambitious but largely unsuccessful growth and acquisition sprees last decade, utiliti ...

Forward market liquidity has steadily developed with the evolution of traded gas and power markets in Europe. This has supported traders and asset man ...