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With #naturalgas prices in North America pulling back sharply over the past several weeks, #NUSConsultingGroup has recently updated its model client position recommendations, which included adding to existing hedge levels in several future quarters. Due to unseasonably hot weather throughout much of the US expected for most of the summer season, we expect weekly natural gas reports to be below historic averages (with a strong possibility of a few weeks of withdrawals). As a result, excess inventories in place as we exited winter are, and will continue to, erode, which should provide pricing support. It might be time to review your current Energy Risk Management (ERM) strategy. For more information contact us at https://lnkd.in/eRyxUqwz

The purchasing of unbundled Energy Attribute Certificates (EACs) is becoming an increasingly popular approach for companies to reduce electricity (scope 2) emissions. These certificates are available in almost every electricity market, making them an attractive decarbonisation method for companies that operate in regulated electricity markets, or in markets where a direct renewable electricity supply is not available (in order to achieve decarbonisation targets), or where companies wish to consider options and an alternative costs to bundling the EAC within their supply contract (purchasing of unbundled EACs). Read about the options for purchasing unbundled EACs as part of our latest NUS Energy Blog. https://lnkd.in/gfF7eGPP #NUSConsulting #NUS #nusconsultinggroup #REGOs #RECs #GOs #UnbundledEACs #EACs #EnergyAttributeCertificates #Decarbonisation #Decarbonization #NetZero #EnergyProcurement #IRECs #SustainabilityReporting #SBTi #CSRD

📌 Decreto Aree idonee per impianti a fonti rinnovabili La nuova normativa adottata dal Governo italiano è volta al raggiungimento degli obiettivi fissati dal PNIEC e dal pacchetto “Fit for 55”. L’obiettivo del decreto è la ripartizione fra Regioni e Province autonome dell’obiettivo nazionale al 2030 di potenza aggiuntiva, pari a 80 GW, da fonti rinnovabili. Inoltre, il documento stabilisce principi e criteri per consentire alle Regioni l’individuazione di aree idonee e non idonee alle Fer. Le Regioni e le Province autonome hanno sei mesi di tempo per individuare i territori in cui installare nuovi impianti a fonti rinnovabili, adeguando l’obbligo di raggiungere gli obiettivi di potenza installata al 2030 con l’esigenza di tutelare il patrimonio paesaggistico e culturale. Noi di NUS Consulting Italia monitoreremo la normativa per segnalarvi eventuali opportunità #nusconsulting #energymanaged

Political analysts are still sifting through the results of the recent French election and how the coalition of parties from the left (which won the most seats in parliament) will attempt to govern. The election will undoubtedly have an impact on the future of the French electricity market. However, there are a few important items which had been decided prior to the election. Specifically, France's ARENH system (which was France's compromise to the EU) will come to an end at the conclusion of 2025. That means one more year of deciding between an ARENH contract and the free market - a difficult choice. What comes after ARENH in 2026 is still an open question. Read more of #NUSConsultingGroup analysis of the French market and AREHN in our latest Market Intelligence publication - https://lnkd.in/ezVR7jqZ.

NUS Consulting Group's UK business is proud to announce our membership to the Retail Energy Code (REC) - Third Party Intermediaries (TPI) Code of Practice on 14 June 2024. As the longest established Energy Consultancy (TPI) operating in the UK market since 1965, one of our guiding principles is that our clients are aware of the services we are contracted to deliver and that our fees are clearly outlined. Is your current ‘energy broker/consultancy’ or TPI able to say the same? To find out more and to arrange a no obligation consultation: contact@nusconsulting.com / www.nusconsulting.com #nusconsulting #NUSConsultingGroup #retailenergycode #TPIcodeofpractice #energyconsultant #consultancy

How will the new Labour government transform the United Kingdom's energy landscape? Today (5 July 2024) a new Prime Minister and Party were elected into power with Sir Keir Starmer and the Labour Party securing a substantial majority in the House of Commons. Following victory, the Labour Party is promising transformational changes in energy policy that will shape the United Kingdom energy industry for years to come. #uk #ukenergy #nusconsulting #NUSConsultingGroup

The Corporate Sustainability Reporting Directive (CSRD) requires eligible companies to report on a broad range of carbon and sustainability topics, including emissions, targets and actions. NUS’ Energy and Sustainability Services (ESS) team can guide your organisation through the reporting process, providing specialist support on: 🌳 All aspects of Scope 1, 2 and 3 emissions 🌳 Science-based decarbonisation targets 🌳 Action plans to reduce emissions and address climate change 🌳 Verification of carbon and sustainability data with leading international standards 🌳 Reporting in accordance with CSRD standards and timeframes Get in touch to understand how NUS can support your company with making the most of the CSRD requirements. Tel. +44(0)1737 781 200 Email. contact@nusconsulting.com Web. www.nusconsulting.com #NUS #NUSConsulting #CSRD #CorporateSustainabilityReportingDirective #Sustainability #carbon #carbonemissions #decarbonisation #decarbonization #carbondata #datavalidation #SustainabilityReporting