As reported in the Financial Times last weekend and confirmed by the government’s business department on the 12th October, a price cap on low-carbon electricity generators will be introduced. While the business department’s “Cost-Plus Revenue Limit” announcement,...
In 1976, the Labour Party government of Harold Wilson created the British National Oil Corporation, BNOC. The Yom Kippur war in 1973 and OPEC’s subsequent oil embargo had caused consternation in the Western world and led to Governments scrambling for oil supply....
Industrial participants in the natural resource and commodity markets are stepping up efforts to set up and develop their supply and trading capabilities. Considering the specific challenges facing industrials, this article co-written with our partners HC Group gives...
The arrangements which currently govern the commercial operation of the electric power industry in the UK date back, in large part, to the time of privatisation in the very early 1990s. Simple in conception, if complicated in practice, the main elements included in...
Energex guest writer, Kevin O’Reilly offers here a unique take on the financing woes of commodities trading. The 11th Annual FT commodity summit in Lausanne attracted more attention than usual. A European war, persistent Covid-19 related supply-chain issues, and...
In the previous two postings, the changes proposed to existing legislation, along with planned new legislation, by the EU in their “Fit for Fifty Five” aspiration were outlined. Here we set out some bullet point thoughts and comments on the proposals. What...
