Anthony Davison’s Post

We're thrilled to present our latest Monthly Market Report, bringing you all the latest developments impacting the energy markets. In this video, NGP's own energy trader, Edward Bilton, breaks down the complex dynamics of the current market, including: 𝗔𝘀𝗶𝗮𝗻 𝗟𝗡𝗚 𝗗𝗲𝗺𝗮𝗻𝗱:  The UK must pay a premium to secure LNG, driving gas prices up as competition intensifies. 𝗡𝗼𝗿𝘄𝗲𝗴𝗶𝗮𝗻 𝗚𝗮𝘀 𝗦𝘂𝗽𝗽𝗹𝘆: Maintenance disruptions are limiting exports, causing a 2.3% reduction in UK gas demand in July. 𝗘𝘅𝘁𝗿𝗲𝗺𝗲 𝗪𝗲𝗮𝘁𝗵𝗲𝗿:Europe’s heatwaves are pushing prices higher, with wind generation down by 1.7GW below seasonal averages. 𝗚𝗲𝗼𝗽𝗼𝗹𝗶𝘁𝗶𝗰𝗮𝗹 𝗧𝗲𝗻𝘀𝗶𝗼𝗻𝘀: LNG route changes via the Cape of Good Hope have added 6,000 nautical miles and 3-4 weeks to delivery times. 𝗠𝗮𝗿𝗸𝗲𝘁 𝗠𝗼𝘃𝗲𝗺𝗲𝗻𝘁𝘀: The Winter ‘24 electricity contract fluctuated within a £6.85/MWh range, settling at £87.31/MWh in July. 𝗚𝗹𝗼𝗯𝗮𝗹 𝗚𝗮𝘀 𝗦𝘁𝗼𝗿𝗮𝗴𝗲:  EU storage increased from 77% to 83.5% in July, but global LNG competition remains fierce. Watch the full video below to gain detailed insights that could guide your strategies and decision-making processes. 🔗 https://lnkd.in/eBCV-u-g What could these latest insights mean for your business? #EnergyMarkets | #EnergyTransition | #BusinessEnergy | #EnergyPrices | #EnergyIndustry | #LNG | #FossilFuels | #EV | #ClimateAction | #NetZeroTransition | #AsianDemand | #Energy | #EUEnergy | #Gas #Supply | Latif Faiyaz | Julian Hernandez | Alison Bierlaire | Edward Bilton | Ian Muir | lukas walsh | Kaspar Strugar | Amelia Santerre

🔊 MARKET UPDATE 🔊 Government report for the 1st quarter show an average costing and increase of business energy up by 15% from 3 years ago. Although stabilised and aided by increases in renewable generation, LNG transport costs still remain high, inflating gas wholesale costs. Volatility looms and effects commodity costs across the board from oil to power, there is no certainty in the market and for most, navigating and gaining confidence in a disruptive market place remains a concern. To discuss how best to move around the market and take advantage of troughs, having an experience market analyst on side can aid massively with cost reduction and budget certainty. If you have been effected by continued confusion in pricing alongside volatile market conditions, contact me today to learn how we can add value and transform your organisations energy management to working for, not against you. 📞 - 02045877439 💻 - trent.lay@dbsne.com #marketconditions #commodity #volatility #energy #business

ENB #462 - Oil's Uncertain Future * Oil prices are forecasted to decline. - https://lnkd.in/gspXA_ui * Electricity interconnectors risk energy security and incur high costs. - https://lnkd.in/guJD7Equ * The North Sea has clean energy potential, facing challenges for oil and gas. - https://lnkd.in/gvNQepmB * Renewable energy growth affects traditional utilities' profitability. - https://lnkd.in/gDYv8cAg * Geopolitical conflicts threaten shipping routes and the environment. - https://lnkd.in/gY3rmJHP Follow Stuart Turley On LinkedIn Follow Michael Tanner On LinkedIn Click the link here to watch the full video: https://lnkd.in/geWiPuY7 #EnergyNews #OilPrices #RenewableEnergy #EnergySecurity #NorthSea #CleanEnergy #Geopolitics #PowerUtilities #Sustainability #EnergyTrading

Alright, everyone, let's talk about the fuel that keeps our world humming: energy commodities! We're not just talking about filling up your gas tank here. This is the oil that keeps factories running, the natural gas that heats our homes, and the wind that's powering the future. With a growing population and booming economies, the thirst for energy is only getting stronger. That means there's a huge opportunity for those who understand this ever-changing market. From the traditional sources like oil and gas to the exciting rise of renewables, the landscape of energy commodities is fascinating. So, are you ready to dive in? I'm talking about exploring the different options, the challenges, and even some smart investing strategies. We'll navigate this complex world together and see how we can all be part of the #EnergyRevolution. #FuelingTheFuture #EnergyEnthusiast

🏭 The End of Coal in the UK: Economic Perspective 🌍 As the UK's last coal-fired power station prepares to close, we are reminded that coal, once a major energy source, is no longer competitive. The cost of coal generation in Great Britain today is (or would be) above £90/MWh (even with currently low carbon emissions cost). Gas generation is below £80/MWh, so coal already loses out there. Compare that to the latest AR6 CfD round, that I have seen described as “high cost” by commentators (it isn’t - offshore wind came in at around £82/MWh, in today’s prices), so quite competitive. There's been some debate about the rising costs of renewables (rightfully so, there are issues that need to be addressed), the reality is that the long-term financial benefits of clean energy remain strong. So, as coal disappears, the next challenge will be for gas generators to stay profitable with even more volatile running patterns and overall reduced output. #EnergyTransition #CleanEnergy #CoalPhaseOut #Renewables #CfD #Sustainability

Natural gas is one of the most widely used fuels in the world. And the demand for natural gas will continue to increase. Here’s what you need to know if you want to profit from this trend. This is one of the cheapest and cleanest sources of energy and it produces about half the carbon emissions compared to coal. ➡️ So, even as many countries have started to switch to renewable energy, they are using an increasing amount of natural gas to replace dirtier fuels. But, there is one problem some countries are coming across. Many, unfortunately, don’t have much natural gas. Therefore, they have to import it. ⬇️ And LNG (or liquefied natural gas) is what makes that possible. Here’s the thing, America has been a country for some time now with a large amount of natural gas. In other countries, natural gas costs nearly 5x the price it does here in America which means that huge profits can be made. Why? 🤔 Because even though it costs a lot of money to ship gas across the ocean, companies have spent years getting government approvals… … and billions of dollars to build the infrastructure needed to make LNG possible. And these approvals are enough to potentially triple, yes triple, America’s LNG export capacity! That means that the demand will continue to grow as well as opportunities for investors. What sectors are on your radar for investing? Comment below! 📷 Photo courtesy of the New York Stock Exchange! #future #investing #business #success #motivation

“We’ve found the single biggest issue around energy security in the region is: Where will the gas supply come from?” ANGEA CEO Paul Everingham was grateful for the opportunity to provide an energy perspective from Asia at this week's United States Studies Centre at the University of Sydney Economic Security In A Turbulent World event. As Paul outlined, gas is required to support not only the economies and industries of Asia but the region's transition away from coal as the dominant source of power generation. This will require increased volumes of LNG over coming decades from both Australia and the US, as two of Asia's biggest and most trusted energy trading partners. Read more: https://bit.ly/3RlXVz5 --- 💡 We are the voice of the gas industry in Asia 📖 Follow us for insights, data and policy on the pathway to a reliable, low-carbon energy future #lng #naturalgas #energysecurity #energytransition #asia #decarbonisation #decarbonization

ENB #462 - Oil's Uncertain Future * Oil prices are forecasted to decline. - https://lnkd.in/gspXA_ui * Electricity interconnectors risk energy security and incur high costs. - https://lnkd.in/guJD7Equ * The North Sea has clean energy potential, facing challenges for oil and gas. - https://lnkd.in/gvNQepmB * Renewable energy growth affects traditional utilities' profitability. - https://lnkd.in/gDYv8cAg * Geopolitical conflicts threaten shipping routes and the environment. - https://lnkd.in/gY3rmJHP Follow Stuart Turley On LinkedIn Follow Michael Tanner On LinkedIn Click the link here to watch the full video: https://lnkd.in/geWiPuY7 #EnergyNews #OilPrices #RenewableEnergy #EnergySecurity #NorthSea #CleanEnergy #Geopolitics #PowerUtilities #Sustainability #EnergyTrading

With a growing middle class around the world, demand for all forms of energy, including oil and gas, will only increase. Roughly 100 million people are entering this higher standard of living every year, according to the World Data Lab. Energy agencies around the world agree that the demand for oil has never been higher at about 103 million barrels of oil per day in 2024. Read more: https://lnkd.in/d379sFCB

Oil continues to be bearish but Gas and Electricity markets have had a volatile week. Siân Haynes has the latest energy market news: https://lnkd.in/eGUGA6i5 #oilprice #carbonmarkets