Update On The Power Market For 28th August 2015
UK gas and power prices have changed little since they reached their annual low last week (17.08. – 23.08.2015). This is due to a good current supply as well as a low summer demand. What also prevents prices from increasing is the good supply of LNG. In August, a total of nine tankers of LNG […]
Update On The Power Market For 21st August 2015
UK gas and power prices have reached their new annual low after slightly recovering recently. This is mainly due to importing LNG and a decrease of oil prices. Nevertheless, the supply- demand balance is healthy at the moment. Maintenance work in Norway is cutting UK imports, but at the same time LNG stocks are reduced […]
Impact of MEES on lease negotiations
Minimum energy efficiency standards (MEES) will influence lease negotiations under the Landlord and Tenant Act 1954 (the “1954 Act”). By now measures, which improve the environmental sustainability of buildings are included automatically in commercial leases. With the introduction of MEES, this issue might begin again for renewals under the “1954 Act”. However, some hurdles may […]
Update on the Power Market for 14th August 2015
China has devalued its currency, the Yuan, therefore meaning that the cost for imported crude oil for China has increased. Due to China being one of the world’s largest energy consumers it will affect prices across the global energy market. There are still economic concerns around Greece which is further adding to the weak price […]
New requirements for Display Energy Certificates
Since the Energy Performance of Buildings regime came into effect in January 2013, the requirements for EPCs (Energy Performance Certificates) and DECs (Display Energy Certificate) have changed; all former regulations relating to EPCs and DECs are no longer in force. On 9 July 2015 another change came into force. Changes had to be made due […]
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