Sam
Peek

Analyst

Phone: +44 (0) 1603 542122
Email: s.peek@cornwall-insight.com

Sam is a Wholesale Analyst specialising in commodities and electricity pricing. He is responsible for producing our weekly Energy Market Bulletin as well as daily pricing reports. Sam also works on our SEM Commodity and Pricing report which covers the Irish electricity market on a weekly basis.

He transferred to the Wholesale team in August 2020, having previously worked for one of Cornwall Insight subsidiaries, Pixie Energy, for 12 months – focusing on local energy markets and innovation. Prior to joining Cornwall Insight Group, Sam worked in various commercial and operational roles in offshore wind turbine installation and maintenance, as well as working on numerous oil and gas interface projects for both commissioning and decommissioning of platforms. He is a graduate from the University of East Anglia with a BA (Hons) in Business Management.”

Sam Peek

Latest thinking

Low carbon generation

High levels of offline generation capacity in the SEM prompts elevated near-term power prices

With approximately 1.3GW of offline capacity at present, supply margins in the SEM are currently tightened by the reduced availability at some of these large thermal plants, supporting elevated near-term power prices of which rose strongly week-on-week. Outage trends: Offline capacity is forecast to increase substantially from the previous week,...

Commercial and market outlook

Russian gas dependency and impacts on net zero

Tensions along the Russia-Ukraine border have been escalating since November last year when satellite imagery showed a fresh build-up of Russian troops on the Ukrainian border. Fast forward to the 24 February 2022, Ukraine and Russia are now at war following a Russian invasion. In response to these actions from...

Low carbon generation

Week-on-week day-ahead power price losses in the SEM

The first reported week of February 2022 recorded week-on-week day-ahead power price losses in the SEM. Source: SEMO/Cornwall Insight Ireland Despite recent week-on-week price losses, day-ahead power prices remain significantly higher than the prices observed in the opening week of February last year, currently out turning 171.0% higher. Day-ahead power...

Business supply and services

Wholesale energy prices see new record highs as 2021 comes to a close

In what continues to be a particularly tumultuous period for the wholesale energy market in the lead up to Christmas, prices have continued their crusade of setting record highs in a final send-off to 2021. On Wednesday 22 December, day-ahead gas prices reached a new all-time record high (on our...

Commercial and market outlook

Deep retrofit: Spinning right round

On 19 August Minister for Communications, Climate Action and Environment Richard Burton announced a reversal of previous plans to terminate the Deep Retrofit scheme. Plans to rejuvenate this scheme are expected to cost an additional €8mn to cover 302 households, which applied to have deep retrofit work carried out while...