Annual wholesale prices have increased by more than £5/Mwh in the first 2 weeks of June, day ahead prices from March to date have increased between 18% and 30% across gas and power markets with coal rising over 9% in the same period. Overall the market has reached an 8 month high in the UK with European pricing following the same sentiment.
Much of the increase is linked to the gathering of pace with improved industrial activity - with Eurozone industrial...
Jorvik has become the latest tourist attraction to link up with Orchard as they looks to cut costs without impacting on visitor experience. We are working closely with York Archealogical Trusts director of finance in what is very much a partnership approach to energy management.
Jorvik attracts 400,000 visitors every year and operates eight sites in York including its main Viking attraction in the centre of the city. Orchard have carried out a detailed...
As just one of just 28 brokers accredited by trade body the Utilities Intermediaries Association (UIA), Orchard have been appointed to source all gas and electricity supplies for the Costcutter group’s stores. We are delighted to welcome Costcutter and Costcutter franchisees to the business!
Costcutter is one of a growing number of new clients specifically looking for consultants accredited by the UIA, the body responsible for upholding standards in the industry.
We...
Amar Hussain joined the energy consultancy in 2006 as business development manager, becoming sales manager in 2008. His new role will involve generating new business and upholding standards of customer service as the firm prepares to open five new offices across the UK by the end of 2011.
I am personally delighted to appoint Amar’s to Associate Director which will release me to focus on developing our new regional offices. We have just signed the lease on premises in Glasgow with plans in the pipeline...
As we progress further into 2010 the energy markets look set to increase further. During the height of the recession the markets were unable to break below £36 to £38/MWh. As manufacturing starts to pick up and energy usage increases the markets have seen some sharp increases. The financial position in the US was down by 2% in previous months, the first decline since September, however crude bouned back as consumer sentiment in early June was the strongest seen in 2 1/2 years. The International Energy Agency have revised their 2010 oil forecasts putting consumption higher than previous...
Five steps to understanding how the Government’s Carbon Reduction Commitment affects your business.
We all want to make our planet a cleaner and greener place to live and the Government’s Carbon Reduction Commitment - which came into effect in April - aims to provide an incentive for businesses to reduce their CO2 emissions. The idea is certainly good but every organisation now needs to look carefully at its energy usage and ensure it’s complying fully with the regulations.
Five steps to understanding CRC:
1. The CRC affects most organisations with a half...
