Email:
MJMEnergy - MZINE - December 2008
       

January 2009

    

Issue #47
       
       
Welcome to the January issue of MZINE
our free monthly newsletter!

Happy New Year from all of us at MJMEnergy.  We hope you're well rested after the Christmas period.  As you can see from this month's MZINE, it's business as usual with lots of training courses to kick start the new year. Our training date calendar for the 2009 public courses can be found here, and I have listed the first few below.

You can see that Derek has been keeping abreast of the news from his cartoon below!

  

 

 

In This Issue

Recession and Energy Demands

Training Dates

Cartoon

 
       

 

The recession and the resulting demand on energy

A Pleasant Surprise!

 When filling the car up with fuel recently, I reflected upon how refreshing it was that I was once again handing over my card to pay a bill of £40, as opposed to handing it over in July last year, when my bill for filling the tank came close to £60.  The child in me encouraged me to be reckless; thinking through all the possible purchases I could now make with the money I was saving when filling up with petrol!

 Motorists have been the beneficiaries of the impact the recession is having on plummeting global oil demand and the resulting price crashes.  This price crash has been driven by the drop in demand for oil, resulting in an excess of oil and an emerging buyers’ market.  To consider the extent of the impact the recession has had on energy demand in general, it’s important to take a long perspective:- this is forecast to be the furthest reaching recession for many years, so it’s important to look wider to gauge the impact of economic slowdown.

Read the rest of this article

Training Dates

Below you will find the list of training dates for courses in early 2009. They will be held at Lord's Cricket Ground in London. For more information click the course title.

27th Jan

UK Gas Market

 The UK gas market seminar provides an informative one-day introduction covering all the key areas of this complex, fast-moving market.
28th Jan UK Electricity Market The UK electricity market one-day seminar provides an up-to-date overview of all the key factors and trends in this fast-moving market.
29th Jan Network Code The Network Code course is an essential introduction to the contractual framework of the UK gas market, and enables delegates to understand the concepts and practicalities of gas market operations in Britain.
11th Feb Options The Options course provides a one day overview of options theory and practice, specifically applied optionality in gas and power trading.

All of our training courses can earn, participating solicitors, CPD points from the law society. Attendance at any of our events may also contribute to meeting accountancy CPD requirements under the terms of the ICAEW's CPD policy. Please visit www.icaew.co.uk/cpd for the ICAEW's CPD policy details. 

 

MJMENERGY LTD have provided all the information in this newsletter free of charge to anyone who wishes to read it. We cannot be held responsible for any inaccuracies although all information is believed to be correct at time of publication. Whilst articles published in this newsletter often carry a particular point of view, publication of them does not imply that we necessarily agree with them. Anyone wishing to contact the editorial team with regards to any of the above articles should email: editor@mjmenergy.com, or phone +44 (0) 845 299 7072.
Copyright © 2008, MJMENERGY LTD. All rights reserved (but feel free to copy, post, quote, think about or forward on)