Commodity markets in the early part of June were relatively quiet. Much of that is due to a double bank holiday in the UK to commemorate the Queen’s Platinum Jubilee. Gas pricing on the rise again Following the gas price spike in late May, as markets were nervous digesting the impact of gas supply cut-offs… Continue reading Energy Markets Bitesize: Iberian Exception
Author: Pinergy
Energy Market Insights: May was a tale of two halves
Average power in May continued the downward trend seen in April. Prices dropped by 35% on April with May’s outturn being €148/mwh compared to €226 in April. It was a tale of two halves however. Daily prices decreased in the first half of the month, to levels briefly seen in early January and then saw… Continue reading Energy Market Insights: May was a tale of two halves
New Pinergy SolarElectric installation one of the first with approved export connection to the grid
Motor group among the first in Ireland with solar approved export connection to the grid Finlay Motor Group, the Ford dealership based in Naas, Co. Kildare, in partnership with Pinergy SolarElectric, has become one of the country’s first commercial sites to be granted an energy export connection to the grid through the newly established ESB… Continue reading New Pinergy SolarElectric installation one of the first with approved export connection to the grid
Energy Markets Bitesize: Things can change on a whim
Last week’s note finished with the words “the outlook can change at a whim”, which was prophetic because since things have become more hawkish from last week’s dovish note. Gas pricing back on the rise Firstly, spot gas markets have been rising since about Thursday, well above their lows in mid-May as the chart… Continue reading Energy Markets Bitesize: Things can change on a whim
How A Business Can Save Energy At Workplace
No matter what size your business is, finding new ways to keep energy consumption under control as well as costs and carbon reduction is important. 1. Everyone can play a role Everyone on your team can play a role in optimising energy consumption for your business. Switching off equipment & appliances when they’re not… Continue reading How A Business Can Save Energy At Workplace
Energy Market Insights: April saw some respite
Average power in April retreated from the historical March high. Prices dropped by 25% on March. Prices decreased as markets became accustomed to changing fundamentals of the gas market. Gas was bearish in April Gas prices were bearish throughout April, but rapidly descended from mid April onwards. Markets have calmed somewhat since then for the… Continue reading Energy Market Insights: April saw some respite
Energy Markets Bitesize: Time to pay in Rubles
The narrative in the Energy markets hasn’t changed much in the last 10 days. Fighting continues in the East of Ukraine and will for some time it seems. Russia cuts Gas supply to Finland From a commodity perspective, the only news of note is that gas supplies have been cut off as Finland gas importer,… Continue reading Energy Markets Bitesize: Time to pay in Rubles
Pinergy SolarElectric appoints Dick Meaney as Agri Sales Manager
Pinergy Solar Electric has today announced the appointment of Dick Meaney as its new Agricultural Sales Manager. Dick’s role will focus on driving national sales in the agricultural division to match the growth ambitions of Pinergy SolarElectric. In his new role, Dick will be supporting farmers to become more sustainable in the long term by… Continue reading Pinergy SolarElectric appoints Dick Meaney as Agri Sales Manager
Energy Markets Bitesize: Positive moves in British gas prices not replicated across Europe
Since our last update it appears that the war in Ukraine is evolving into a long and difficult trench war centred in the Eastern part of country. It looks like it will be part of our lives for some time to come. From a commodity and power perspective, things are more positive. As the chart… Continue reading Energy Markets Bitesize: Positive moves in British gas prices not replicated across Europe
New Pinergy SolarElectric installation one of the first with approved export connection to the grid
As part of Pinergy’s energy partnership with Munster Rugby, the new Solar Panel installation generates energy, meeting the requirements of Virgin Media Park’s current infrastructure whilst also supporting the local community with their energy needs. Pinergy With Munster Rugby 17/5/2023Pinergy has today announced the final connection & switch on of phase one of the 255… Continue reading New Pinergy SolarElectric installation one of the first with approved export connection to the grid