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Nick Campbell featured in latest Bloomberg Businessweek article

Inspired Energy Risk Manager, Nick Campbell has contributed to an article in Bloomberg Businessweek, discussing how natural gas prices in Europe are poised to drop more than 20 percent in the first quarter as a result of the warmest winter weather.  Due to the mildest weather since 2008, generation at wind parks reached a record 6,222 megawatts on […]

Inspired Energy Risk Manager, Nick Campbell has contributed to an article in Bloomberg Businessweek, discussing how natural gas prices in Europe are poised to drop more than 20 percent in the first quarter as a result of the warmest winter weather. 

Due to the mildest weather since 2008, generation at wind parks reached a record 6,222 megawatts on 31st January which is enough to supply 12 million European homes according to Bloomberg grid data.

“U.K. front-month gas probably will drop to as low as 55 pence by the end of next month because it’s been more profitable for utilities to buy renewable power after output from wind turbines jumped” 

 Nick Campbell, Risk Manager

For the full article on EU Gas click here