Guest Blog: Julie Plunkett – Gas and power price volatility on the way

Utility Team says customers should lock in now to guarantee their future

‘Global oil demand could peak as early as 2036’

That’s according to energy consultancy Wood Mackenzie, which suggests petrol demand will be the initial driver

Brazil’s power grid puts reserves on the bench for World Cup

More power plants than normal are put on alert and prepared to boost production to meet supply

Air conditioners ‘to become one of top power demand drivers by 2050’

The International Energy Agency (IEA) stresses the urgent need for policy action to improve cooling efficiency

LNG trade to set new record in 2018

Demand growth is, however, forecast to slow during 2019/22, before accelerating during the 2020s

Deal signed for flexible gas plant down under

A Finnish technology firm is to build a natural gas plant in Australia after signing a contract with an Australian integrated energy business

Global oil supply ‘will match demand until 2020’

Oil production is expected to steadily outstrip supply until 2020 but after this point, additional investment will be needed to boost output

SmartestEnergy gets flexible by signing new deal

SmartestEnergy has signed a deal to adopt a flexible energy management platform. Created by Origami Energy, the technology allows both providers and users of flexible energy contracts to accurately monitor and automatically dispatch large numbers and types of assets in real-time. SmartestEnergy says the role of energy flexibility is growing in importance as the industry continues […]

BP: Plastic bans will slow oil demand

Bans on single-use plastics will slow growth in global oil demand. That’s the forecast from BP’s latest Energy Outlook, which suggests the phasing out of plastic bottles, carrier bags and straws at both governmental and commercial levels is likely to significantly affect how the fuel source is used. Oil accounts for nearly two-thirds of the growth […]

House of Lords Committee warns of Brexit energy threats

A House of Lords Committee has warned of potential threats posed to the UK’s energy trade if the nation leaves the EU. In a new report, the EU Energy and Environment Sub-Committee suggests Brexit risks the UK’s currently “frictionless trade in energy with the EU”. The EU currently supplies around 12% of British gas and […]