LATEST MARKET UPDATE: Gas and Power prices are largely trading at parity with last week’s levels, despite some significant price swings at the front of the pricing curve. The bout of low pressure has seen reduced wind output, increasing demand for gas-fired power generation and stretching a European gas system which is struggling to attract global LNG. Winter prices have also been volatile with concerns over gas storage levels being partially offset by positive supply news surrounding the potential completion of the Nordstream 2 gas pipeline. Prices further out have been softer, as renewed coronavirus fears in the wake of the delta variant have weigh on global oil markets.
Environmental and Sustainability Policy
Informed and intelligent energy purchasing is essential in the modern business environment.
Utility Team provides dedicated support for businesses who wish to reduce their environmental impact and overheads.
Our awareness of the products offered by our supply chain and their relevance to our customer’s business will allow us to present and execute an effective strategy for consuming and in some cases generating energy. Our services apply to all business sectors regardless of size or complexity.
Utility Team recognises that its activities and operations have an impact on the environment and is committed to conserving natural resources, operating in a manner sensitive to the environment and complying with all relevant legislation. In particular:
Utility Team is committed to:
Utility Team will achieve these commitments by:
Responsibility for Utility Team’s Environmental Policy lies with the Directors and this will be reviewed annually.
Utility Team is committed to promoting sustainability, concern for the environment and promoting a broader sustainability agenda and this aim is integral to our professional activities and the management of the Company.
We aim to follow and to promote good sustainability practice, to reduce the environmental impacts of all our activities and to help our clients and partners to do the same.
In order to put these principles into practice we will: