Plans to build the South Hook combined heat and power (CHP) plant in Pembrokeshire have been cancelled. Earlier this month stakeholders were advised the project was scrapped due to “current market conditions”, according to a spokesperson from South Hook CHP. ExxonMobil Power, Qatar Global Ventures and Total Gas and Power Business Services planned to build and operate […]

Seasonal contracts are at fresh lows again, according to Inenco’s Y Report. Kayleigh Winstanley, Energy Trader at Inenco said: “There is scope for them to continue to fall but there are risks heading into winter.” She added contracts close to the point of delivery “have fallen again and we could see this downward movement continue […]

Plans to build a combined heat and power plant (CHP) at South Hook have been granted development consent. It will have an installed capacity of up to 500MW – enough to power around 900,000 homes – and will meet the needs of the existing Liquefied Natural Gas (LNG) terminal as well as export extra electricity […]

Prompt gas and power prices were once again up this week in response to continuing colder than usual winter weather, according to this week’s market report. Magali Hodson, Product and Services Optimisation Manager for npower said prompt prices for gas started the week strong “on the back of increased residential demand as well as generation […]