Northern Gas and Power

UK experts warn the country is "dangerously unprepared" for future energy cost spikes, predicting business bills could increase to 1.5p/kWh per annum for the next 4 years! More terrifying than any Halloween horror, right? But fear not! While the Ghostbusters may only handle the supernatural, we at NGP tackle the super expensive, rewriting horror stories into tales of triumph. Read our client’s success story below, and contact us today to see how we can help you! #EnergyCosts | #Halloween | #BusinessSavings | #BusinessEfficiency | #EnergyEfficiency | #CostManagement | #Halloween2024 | #EnergyManagement

#NGPNews | Brookfield Acquires Stake in Orsted's UK Offshore Wind Projects Orsted’s decision to sell a 12.45% stake in four major offshore wind farms to Brookfield could reshape the landscape of clean energy investment. This deal, worth £1.75 billion, is part of Orsted's strategy to reinvest in new assets, signalling a push for sustainable growth. Brookfield, entering the UK offshore wind sector for the first time, sees this investment as critical to meeting the rising demand for clean power. What could this shift in ownership mean for the UK's renewable energy targets? Read more on this story here 👇 https://lnkd.in/ep9MCAZj You can subscribe to our free Daily Market Reports here: 🔗 https://lnkd.in/ejmbhwns #EnergyMarkets | #EnergyCrisis | #BusinessEnergy | #EnergyPrices | #EnergyIndustry | #Energy | #UKEnergy | #EnergySecurity

What’s the scariest two-word horror story you can think of? For us, it’s “Energy crisis”. Recent insights from industry experts have uncovered some chilling statistics, with 8% of vulnerable firms ceasing operations for some or all of their business as a result of the 2022 energy crisis; 22% stated they would rely on cash reserves to cope with rising costs. This Halloween, don’t let energy market volatility come back to haunt you. Contact NGP today and let us help you navigate the market as we’ve helped countless others, ensuring your business avoids getting caught in the cobwebs. #EnergyTrading | #MarketVolatility | #BusinessProtection | #EnergyFears | #HalloweenEnergy | #BusinessEnergySolutions 

#NGPNews | Grid Upgrades Undercut Zonal Pricing Benefits A recent report has revealed that planned grid upgrades may cut zonal pricing savings to as low as £0-£11 billion from the previously estimated £5-£15 billion for 2030–2050. With National Grid’s 'Beyond 2030' programme aiming to ease network constraints, add 21GW of offshore wind, and create around 20,000 jobs, the benefits of zonal pricing could be reduced or even eliminated. How might these substantial grid advancements reshape energy pricing and investment across the UK? Read more on this story here 👇 🔗 https://lnkd.in/evnc4U2V You can subscribe to our free Daily Market Reports here: 🔗 https://lnkd.in/ejmbhwns #EnergyMarkets | #EnergyCrisis | #BusinessEnergy | #EnergyPrices | #EnergyIndustry | #Energy | #UKEnergy | #EnergySecurity

Energy issues can be a real nightmare for businesses, and the forecast is even scarier - electricity bills for small industrial consumers are set to rise by £200k by 2026! Whether it's sudden cost spikes or unexpected outages, energy challenges can send shivers down your spine. Which one would haunt you the most? #EnergyFears #HalloweenEnergy #BusinessEnergySolutions

#NGPNews | North Sea Cuts May Overshadow Levy Changes, Economists Say As the UK government revises fiscal policies in the North Sea oil sector, introducing cuts to allowances and increasing the Energy Profits Levy from 35% to 38%, a critical question emerges: what is the cost to the country’s energy future? These changes could deter investments in essential smaller fields and accelerate field decommissioning, potentially slowing the very energy transition intended to boost. With the UK’s reliance on overseas energy sources already over 50% and set to increase, these measures could hinder the nation's goals of reducing carbon emissions and securing energy independence. What long-term impacts could these developments have on the UK's energy landscape? Read more on this story here 👇 🔗 https://lnkd.in/eztE-zdB You can subscribe to our free Daily Market Reports here: 🔗 https://lnkd.in/ejmbhwns #EnergyMarkets | #EnergyCrisis | #BusinessEnergy | #EnergyPrices | #EnergyIndustry | #Energy | #UKEnergy | #EnergySecurity

Morning Energy Briefing | Wednesday 30 October 2024 Day ahead gas contracts have opened flat compared to yesterday’s close at 105p/th (3.58p/kWh). Day ahead power contracts have opened trading 13.15% lower than yesterday’s close at £92.5/MWh (9.25p/kWh). Wind generation is currently supplying just 1.66GW to the grid, equivalent to 5.5% of its total power generation.  You can subscribe to our free Daily Market Reports here: 🔗: https://lnkd.in/ejmbhwns Or contact our trading desk here: 📩: trading@ngpltd.co.uk Full report here: 👉: https://lnkd.in/dnKMQDcZ #EnergyProcurement | #EnergyTrading | #EnergyManagement | #EnergyStrategy | #RiskManagement | #EnergyIndustry

#NGPNews | UK and Australia Join Forces on Energy Transition Initiatives The UK and Australia are partnering to advance their energy transition goals, with a focus on green hydrogen and offshore wind to support mutual decarbonisation efforts. Although the exact financial commitments remain unspecified, both nations have outlined their strategies: the UK is prioritising a fully emissions-free grid by 2030 through wind, solar, and carbon capture, while Australia is investing heavily in green hydrogen, despite recent project cancellations. How might this collaboration impact the UK's energy landscape and the path to a zero-emission grid by 2030? Read more on this story here 👇 https://lnkd.in/eHPZPMVB You can subscribe to our free Daily Market Reports here: 🔗 https://lnkd.in/ejmbhwns #EnergyMarkets | #EnergyCrisis | #BusinessEnergy | #EnergyPrices | #EnergyIndustry | #Energy | #UKEnergy | #EnergySecurity

#NGPNews | Middle East Tensions Push Oil Prices Up 1% Over Supply Fears As geopolitical tensions escalate in the Middle East, oil prices are experiencing a notable rise, with Brent crude futures climbing to $75.73 a barrel and U.S. West Texas Intermediate crude advancing to $71.59. Amidst the volatility, the global energy market remains tethered to the unfolding events ahead of the U.S. presidential election, underlining the intricate link between politics and energy prices. This week alone, oil prices have surged by nearly 4%, a stark contrast to last week's 7% drop. How could these developments, marked by rapid fluctuations in global oil prices, impact energy costs and supply security in the UK? Read more on this story here 👇 https://lnkd.in/eQjDsXcn You can subscribe to our free Daily Market Reports here: 🔗 https://lnkd.in/ejmbhwns #EnergyMarkets | #EnergyCrisis | #BusinessEnergy | #EnergyPrices | #EnergyIndustry | #Energy | #UKEnergy | #EnergySecurity

Do you have a strong background in sales within the energy sector? Eager to pass on your knowledge to help develop future top sellers? At NGP, we’re looking for a Performance Coach to join our expanding team! With our major investment in Learning & Development throughout 2024, we’ve significantly grown our coaching team, giving us more time to support our employees and drive outstanding results. What’s in it for you? ▪️ Stay in the industry you know, while maximising your earnings with a strong commission structure. ▪️ Play a key role in shaping the future of sales talent. ▪️ Be part of our exciting growth - our 2024 success has led to the opening of a new sales floor in 2025. Ready to take your career to the next level while making a real impact? Join us at NGP! 🔗 https://lnkd.in/eiEwabKm #NGPCareers | #JoinOurTeam | #ChangeYourLife | #EnergyProcurement | #EnergyIndustry | #CareerOpportunities | #JobOpportunities | #JobSeekers | #EnergyProcurement | #UKJobs