National Gas Transmission’s Post

Does NGT agree that gas compression stations are a major, dominant, source of methane emissions: https://lnkd.in/ehiVT4JU and that this is likely true for the UK gas grid:

Are you tired of never-ending winter and the energy crisis it brings? Brace yourselves for potential gas shortages at service stations and industries this weekend due to high demand and soaring costs. Don't miss out on the latest update regarding this pressing issue! Read more about it here: https://ift.tt/GsgTmlz.

⚡🌍 Madness at the Margins: The Future of Electricity Pricing DEEP DIVE: For better or worse, marginal pricing is here to stay. This means that gas remains the key price-setter in power markets—a reality with profound implications. DIVE IN: https://lnkd.in/dy5MtS7U Even before Russia’s invasion of Ukraine, the UK aimed to cut the link between gas and power prices. The 2022 crisis brought this issue to the forefront, yet the government continues to embrace marginal pricing, leaving us with limited alternatives. 🤔⚠️ Now, speculation is fueling volatility at European gas trading hubs. Is the British electricity market doomed to face gas-induced price spikes for the foreseeable future? Seb Kennedy breaks down the forces at play, explores potential solutions, and asks if there’s a way out of this endless cycle of price surges. 📉🔍 Discover the full analysis for a deep dive into the challenges of the UK energy market and what lies ahead. This is essential reading for anyone impacted by energy pricing! #EnergyMarkets #ElectricityPrices #GasMarket #UKEnergy #EklipXResearch #MarketVolatility

🚗 Decoding Gas Price Trends: Your Roadmap for 2024 🚀 With gas prices soaring, NACS is your go-to source for clarity amidst the chaos! For nearly two decades, our Fuels Resource Center has been empowering consumers with essential insights. From dissecting seasonal shifts to unraveling the mysteries of octane ratings, we've got you covered. Explore https://hubs.li/Q02rJgVC0 for a wealth of resources and stay tuned for the April 2024 issue of NACS Magazine for fresh insights. Let's navigate the road ahead together! 💡 #GasPrices #NACSInsights https://hubs.li/Q02rJ9y80

Should I fix or not? Lots of friends ask me this question - should they sign up for a fixed energy tariff or stay on the default cap?   The answer is: it depends. But today it’s got easier for customers to decide using the EDF cap prediction service - the first of its kind. Every week our experts (David Edmonds and Hugh Boyle) will publish their latest outlook along with a benchmark of the fair value of a fixed price.    Then it’s up to you - how does the price compare with our prediction and how much do you value the certainty of knowing your price won’t go up for a year.    Check the latest forecast out here: https://lnkd.in/eaTrHvqb

Fix my home energy tariff or not? EDF have launched a new tool to help you answer just that: price cap predictions. This week if you can find deal 0.7% lower than cap, it could save you money over the year. A few weeks ago, EDF launched one of the cheapest fixed price tariffs in the market but we still had customers wondering if it's the right time. We're here to help! Market prices change constantly, so every Tuesday our experts David Edmonds and Hugh Boyle in the Wholesale Market Services team (WMS) publish their view using market prices and other costs in the OFGEM formula to take the mystery out of energy prices to help you choose IF and WHEN to fix your prices. Check it out here: https://lnkd.in/eTXpM-gu

A mild winter in Europe and the US has caused havoc in natural gas markets, with prices experiencing one of their quickest declines on record between the start of the year and Feb. 19. Will equilibrium return to the market?

December was a month of extremes. The highest daily demand of gas last year was seen on the 1st of December while some of the mildest December days were recorded right before Christmas, as some parts of the UK had their warmest Christmas Eve since 1997. Other key insights from our Gas Explained series: 📉 There was less gas used in December 2023 than in any other December over the past five years! 🛢️ UK Continental Shelf and Norway's share remained level at 72%, while LNG imports marginally increased their share of supply to 23% - more than double what it was in September. ❄️ Gas once again showed its flexibility and the variability it encounters by providing power stations 26% of total demand on 1st December and just 5% on 28th December. #GasExplained #EnergyInsights #UKGasSupply

The prices Of Fuel and Gas is not going to come down This is the solution to the high cost of Fuel and Gas https://lnkd.in/dCrV7aU6

A mild winter in Europe and the US has caused havoc in natural gas markets, with prices experiencing one of their quickest declines on record between the start of the year and Feb. 19. Will equilibrium return to the market?