Digren Energy

Another week of #EnergyMarketAnalysis with Digren Energy. In today’s edition, we review the week from the 25th to the 29th of November 2024 💡 Quick highlights: ✅ Gas - As of the latest forecast for the UK Dec24 base electricity price in GBP/MWh, anticipated fluctuations appear correlated with ongoing energy market dynamics. - Economic recovery and increased industrial activity are potential drivers for a price increase. - Additionally, shifts in government energy policies and ongoing geopolitical tensions affecting supply chains may exacerbate price volatility. - A transition to renewable energy sources might also impact pricing, depending on capacity growth and grid integration success. - These factors, alongside seasonal demand variations, appear to influence the monthly price movement for electricity anticipated by December 2024. ✅ Carbon - The forecasted prices for CO2 EUA are set to rise initially in December 2024, peaking around 72.68 EUR/tonne on December 12th, then declining sharply to around 69.65 EUR/tonne by December 31st. - This might reflect anticipatory buying and market speculation ahead of year-end compliance deadlines, followed by reduced demand as the new year progresses. - Continued price decline into January and February 2025 could indicate market adjustments to new supply dynamics or lower economic activity, while a slight rebound in March through May suggests strengthening industrial demand or policy-driven emission targets Read the full edition for more information👇 #energymarkets #carbonpricing #gasmarket #energynewsletter #energynews #energymanagement #energyreport

It was a pleasure to attend the Original Irish Hotels Annual General Meeting at Ballyseede Castle. Congratulations to the organisers and attendees for making it a successful event and for supporting the Irish Cancer Society. A great example of teamwork within the hospitality sector. #DigrenEnergy #OriginalIrishHotels #IrishCancerSociety #BallyseedeCastle #AnnualGeneralMeeting

Another week of #EnergyMarketAnalysis with Digren Energy. In today’s edition, we review the week from the 18th to the 22nd of November 2024 💡 Quick highlights: ✅ Gas - The forecasted price movement for the UK Dec24 base shows a slight decline from GBP 98.51/MWh on November 25, 2024, to GBP 97.67/MWh by November 28, 2024. - This subtle decrease could be influenced by anticipated seasonal temperature changes leading to reduced energy demand, as milder weather is common in late November. - Additionally, recent developments in renewable energy policies and potential increases in wind power generation could also contribute to a decrease in energy prices. - These factors combined may be cushioning against spikes in demand and supporting a gradual price decline within the period forecasted. ✅ Carbon - The EU carbon price is forecasted to rise from €68.13 to €74.52 by December 2024, driven by heightened regulatory pressures for emission reductions, especially as industries prepare for stricter 2025 EU climate targets. - December typically sees market volatility as companies adjust their carbon accounts. - Following December, there's a downward trend into early 2025, with prices falling to €59.84 by February, potentially due to decreased industrial activity and temporary economic slowdowns. - From March, prices gradually rebound, reaching €67.54 by mid-May 2025, possibly due to increased demand for allowances as economic activities resume and new policies come into effect. Read the full edition for more information👇 #energymarkets #carbonpricing #gasmarket #energynewsletter #energynews #energymanagement #energyreport

Another week of #EnergyMarketAnalysis with Digren Energy. In today’s edition, we review the week from the 11th to the 15th of November 2024 💡 Quick highlights: ✅ Gas - The forecasted NBP prices show a gradual decline from November 18, 2024, with a starting price of 114.93, dipping to 108.25 on December 11, 2024, then a slight rise to 114.56 by December 27, 2024. - This pattern reflects potential market adjustments around geopolitical tensions, seasonal demand increases leading up to the holidays, and changes in supply dynamics such as production cuts or increased imports. - The anticipated dip in early December could be attributed to mild weather forecasts, reducing demand temporarily before expected colder temperatures increase consumption, thus driving prices back up towards the end of December. ✅ Carbon - In the forecast, CO2 EUA spot prices show a steady rise from November 2024 to May 2025, with an increase from €66.05 to €77.75 per tonne. - This uptrend may be influenced by factors such as stricter EU emission reduction targets, reduced allowance supply, or increased energy demand in the winter months. - The surge in December 2024 and April 2025 aligns with potential announcements around climate policy or economic data affecting market sentiment. - Seasonal factors and geopolitical developments could also contribute to the fluctuations in the carbon pricing forecast. Read the full edition for more information👇 #energymarkets #carbonpricing #gasmarket #energynewsletter #energynews #energymanagement #energyreport

Another week of #EnergyMarketAnalysis with Digren Energy. In today’s edition, we review the week from the 5th to the 11th of November 2024 💡 Quick highlights: ✅ Gas - The forecasted price movement for the UK Dec24 base GBP/MWh shows a steady increase from November 12 to November 28, 2024, with prices rising from 89.08 to 100.07. - This upward trend could be attributed to seasonal demand increases as winter approaches, heightened market anticipation of supply constraints, or recent policy changes impacting energy production. - Additionally, international events or geopolitical tensions affecting energy supply chains may also play a role. - These factors align with the consistent weekly rise in forecasted prices, suggesting increased market pressure and reduced supply conditions. ✅ Carbon - The forecasted price movement for CO2 EUA shows a dip from November to January followed by a recovery into February and thereafter. - The decline in prices starting November could be attributed to decreased industrial activity due to seasonal factors or policy shifts impacting carbon market dynamics. - Furthermore, geopolitical events or energy market disruptions can affect prices. - The increase in February correlates with economic activity resuming post-winter, potentially driven by increased demand in manufacturing or energy sectors. -Awareness campaigns or climate policy discussions could also influence market sentiment, contributing to anticipated pricing corrections by spring 2025. Read the full edition for more information👇 #energymarkets #carbonpricing #gasmarket #energynewsletter #energynews #energymanagement #energyreport

Another week of #EnergyMarketAnalysis with Digren Energy. In today’s edition, we review the week from the 28th of October to the 1st of November 2024 💡 Quick highlights: ✅ Gas - The forecasted price trend for UK Dec24 base GBP/MWh in November 2024 shows an initial increase, peaking at £87.57 on November 15, before gradually declining to £79.12 by November 28. - This upward movement early in the month could potentially be linked to increased demand due to colder weather conditions or geopolitical tensions affecting energy supply. - The subsequent decline might be driven by anticipated improvements in supply logistics or reduced consumption after the initial winter rush. - Furthermore, the decline towards the end of the month could reflect a market correction or response to policy changes or economic forecasts. ✅ Carbon - In November 2024, forecasted CO2 EUA prices exhibited a gradual increase from around €64.25 to €66.11 by the month's end, potentially driven by anticipated regulatory adjustments aimed at tighter emission caps or increased demand due to climate policies. - December 2024 sees further price rises peaking at €69, likely due to heightened energy demand during winter and interventions favoring greener energy transitions. - The decline starting in late December and continuing into early January 2025, with prices dropping to €58, may reflect market adjustments, profit-taking, and reduced industrial activity post-holiday. - A consistent upward trend resumes in February and March 2025, likely spurred by ongoing renewable energy initiatives and economic recovery, leading to higher demand for carbon allowances. - By April 2025, prices reach about €74.65, possibly buoyed by strategic investments and global climate agreements. Read the full edition for more information👇 #energymarkets #carbonpricing #gasmarket #energynewsletter #energynews #energymanagement #energyreport

Relive the Investnet Sustainability in Healthcare Summit 2024 in just 3 minutes! 🌱 At Digren Energy, we’re proud to have been an event partner. A big thank you to all the speakers and contributors for making this event unforgettable. See you in 2025! #InvestnetSummit2024 #DigrenEnergy #Sustainability #HealthcareInnovation #CleanEnergy #GreenHealthcare #FutureOfHealthcare #EventHighlights #EnergyForChange

Another week of #EnergyMarketAnalysis with Digren Energy. In today's edition, we look at the week from the 22nd to the 28th of October 2024💡 Quick highlights: ✅ Gas - The forecasted NBP price for November 2024 stands at 112.27 GB pence per therm. - Geopolitical tensions impacting major gas supply routes could limit market supply, driving prices higher. - The ongoing transition towards renewable energy sources might keep upward pressure on gas prices due to potential supply shortages in the short term. - Seasonal demand surges as winter approaches could likely contribute to price elevation. - Currency fluctuations, specifically concerning the British Pound, could also play a role in shaping gas prices for November 2024. ✅ Carbon - The forecasted price movement for CO2 EUA spot EUR/tonne indicates a notable increase starting at €67.34 on October 29, 2024, peaking at €78.09 around mid-November. - The subsequent decline in late November to January 2025, reaching €60.61, could result from renewed energy strategies or decreased industrial activity. - A stabilization phase follows, with prices fluctuating around €58 to €63 from late January to April 2025. - The resurgence in April suggests anticipated regulatory changes or market expectations for heightened enforcement of carbon targets. Read the full edition for more information👇 #energymarkets #carbonpricing #gasmarket #energynewsletter #energynews #energymanagement #energyreport

Digren Energy at Enlit Europe 2024: Leading the Way in Energy Transition 🌍 We are excited to announce that Digren Energy will be attending ENLIT Europe 2024 from 22-24 October at Fiera Milano di Rho, in Milan, Italy! This year's event is all about connecting industries, inspiring action, and driving Europe's energy transition towards a dependable, decarbonised, and digitalised energy system. Our team will be there to discuss our continuing contribution to the future of energy management by providing innovative solutions that enable businesses to optimize energy efficiency and reduce their carbon footprint. As well as to deliver on our commitment to staying at the forefront of the industry to ensure that we always provide the best possible service to our clients and partners. 🌱💡 Let's work together to inspire action and create the future of energy! 🔋 #DigrenEnergy #Sustainability #EnergyManagement #CleanTech #FutureOfEnergy #EnergyEfficiency #GreenTechnology #EnergyTransition #Digitalisation #ClimateAction  #Innovation

Another week of #EnergyMarketAnalysis with Digren Energy. In today's edition, we look at the week from the 14th to the 18th of October 2024💡 Quick highlights: ✅ Gas - The forecasted price movement for NBP in November 2024 shows a gradual decline from 103.82 GBp/therm on October 21 to 98.12 GBp/therm by October 29. - Milder weather projections for late October may have led to a reduction in heating demand, thereby causing a drop in prices. - Increased supply from ongoing LNG shipments and robust storage levels could be contributing to the downward price trend. ✅ Carbon - The forecast for CO2 EUA spot prices shows a fluctuating trend, starting with a slight dip in late October from €61.31 to €60.77. - An upward trajectory is observed throughout November, reaching €66.11, potentially driven by compliance deadline pressures or regulatory changes. - December records a decline from €64.49 to €62.30, possibly due to reduced industrial activity or a mild winter forecast reducing energy demand. - January and February 2025 show further declines to €44.06, which could be attributed to economic slowdowns or increased EUA supply. - A gradual recovery begins in March, continuing into April, suggesting renewed economic activity or tighter sustainability targets stimulating demand. Read the full edition for more information👇 #energymarkets #carbonpricing #gasmarket #energynewsletter #energynews #energymanagement #energyreport