Paul Dabbar’s Post

Insightful analysis

Energy prices have been falling from the eye-watering heights they reached over the past couple of years. You might expect this trend to continue — but that's far from a given. This is because wholesale energy prices have been rising again, and that's likely to be reflected when Ofgem sets its new caps in July and October, and then in January 2025. While July's cap is still predicted to be less than last month's, the fall will probably be less than expected — and then it's likely to start rising again. Not that this will affect Utility Warehouse's million customers nationwide. They're already paying considerably less than even the new price cap, and those prices are guaranteed till next April. So, whether the cap rises or falls, our customers will always enjoy lower energy prices. Give me a call on 07546 777028 or private message me if you want to enjoy Utility Warehouse's low prices, guaranteed till April 2025, and high standards of personal service.

Energy prices have been falling from the eye-watering heights they reached over the past couple of years. You might expect this trend to continue — but worrying figures just released suggest that it may not.   That's because wholesale energy prices are on the rise again, and this is likely to be reflected when Ofgem sets its new caps in July and October, and then in January 2025. While July's cap is still predicted to be less than the one that came in this week, the fall will probably be less than expected — and then it's likely to start rising again.   Not that this will affect Utility Warehouse's million customers nationwide. They're already paying considerably less than even the new price cap, and those prices are guaranteed till this time next year. So, whether the cap rises or falls, our customers will always enjoy lower energy prices.   Give me a call on 07506 251814 or private message me if you want to enjoy Utility Warehouse's low prices, guaranteed till April 2025, and high standards of personal service.

Kindly take note of the weekly commodity updates. The green arrows on the flyer indicate an increment in commodity price. The red arrows indicate a decrease in commodity price . The percentage change is with respect to the prices posted last week. All prices were taken as at 10:00 am today. Let’s keep ourselves updated and share it to update others as well. #energy #ausimm #commodity #priceupdates

"Heat Pump Valley": Europe’s Powerful Manufacturing Base But for how long? Momentum in the uptake of heat pumps in Europe has been strong, with double-digit expansion over the past decade, including a significant “surge” (+38% YoY) in 2022. However sales in 2023 were materially lower and YTD 2024 appears to be an even steeper slump which puts recent investment in capacity "at risk". Why is this important? Decarbonisation of the built environment through the electrification of heat is a material pillar in the journey to Net Zero. It's more efficient and green. Europe has a strong manufacturing base with material global market share and technological advantage - with significant investment in capacity announced by major players over the past couple of years - but for how long can this be maintained? Competitive Chinese manufacturers are increasing their global market share and, if they continue their trajectory, could well dominate the global market as with battery technology and solar. What happens next? Political winds are changing in North America, while Europe will need to organise itself and determine how it too can look to grow and protect its own manufacturing base.

What Are the Key Factors Boosting Electrical Steel Market Growth? Insights and Trends https://lnkd.in/dEmXriYd The electrical steel market is experiencing robust growth due to various influential factors that are transforming the industry landscape. Electrical steel, also known as silicon steel, is critical for the efficient operation of electrical devices such as transformers, motors, and generators. Its unique magnetic properties make it indispensable in modern energy systems. Understanding the key factors boosting the growth of this market is essential for stakeholders looking to navigate and capitalize on emerging opportunities. In this article, we delve into the driving forces behind the expansion of the electrical steel market. 1. Technological Advancements 1.1. Innovations in Electrical Steel Production... Steel Price #steelprice #steelprices #steel_news #steelmarket #LME #HKEX #Metal #stock #stocks #steel

First Solar’s strategic pivot to a domestic supply chain began in 2019. Today, #Series7 TR1 modules are manufactured with 100% US-made components identified in the current Inflation Reduction Act (IRA) domestic content guidance issued by the US Department of Treasury. In fact, our Ohio steel supply chain is located within a 100-mile radius of our factories. Learn more about the economic impact of domestic sourcing at https://bit.ly/4a4c6PP #AmericanSolar #AmericasSolarWorkers #CLEANPOWER24

It's no surprise that the amount of #copper in an average electric car is likely to fall over time. This is what humans always do - we find ways to engineer our way out of high(er) costs. Good illustration from Benchmark Mineral Intelligence of how this might unfold. Their forecast of ~70kg/vehicle in 2030, is still more than double the copper content of a traditional gas guzzling car. Overall, "Benchmark projects a 177% increase in copper demand from the EV and battery sector by 2030, reaching 2.5 million tonnes annually" 👉 Full article & infographic: https://lnkd.in/ejY53bMx

The numbers are bigger than that. With an estimated 1 in 4 vehicles sold globally as EVs in 2023 and an estimate that by 2030 this will be around 65% then the multiple of 70kg of copper in EV v 25kg in ICE vehicles will compound the demand on copper. One should not forget to estimate in the copper related infrastructure to support charging these cars, the amount of copper in green energy solutions (solar, wind farms and batteries) all of which are required for the governments around the world net zero targets. Copper is so undervalued it is unthinkable how demand will be met when most large greenfields mines are on hold at these prices. With permitting and other environmental blockages pushing mine development from exploration to production to more than 15 years the problem is compounded further. In my mind copper is the metal of 2025 and a step change needs to happen to get the equations balanced. Watch this space.

The recent PJM capacity auction resulted in a significant price surge to $269.92 per megawatt-day, nearly tenfold last year's increase. This affects 135,684 MW of capacity for June 2025-May 2026, with a diverse mix of gas, nuclear, coal, and renewables. Higher demand and market reforms are driving these costs. Businesses should prepare for higher electricity bills and consider energy efficiency measures. Reach out to your TPI Consultant for support. Learn more: Learn more: https://lnkd.in/gbDAzd3E #EnergyUpdate #ElectricityRates #PJM #BusinessSupport