
Mark Hoffman FCA, FCA
Fellow of the Institute of Chartered Accountants in England and Wales · Partner, Hoffman Consultants LLP
Mark independently peer reviews every Purely Energy Live News article before publication. The brief is unchanged for every piece: are the numbers right, are the sources stated, does the editorial conclusion follow from the data on the page. Mark’s sign-off is the reason finance teams can treat the daily market take as decision-grade.
- FCA · ICAEW
- Hoffman Consultants LLP
- Independent peer reviewer
- Chartered Accountant (FCA), ICAEW
Written articles (0)
Mark’s primary role is editorial peer review. When he contributes a full guest piece, it will appear here.
Peer reviewed articles (20)
- Gas7 June 2026
NBP prompt gas firms on Norwegian outages ahead of next week
UK National Balancing Point (NBP) prompt gas contracts edged higher on Friday, supported by unplanned Norwegian maintenance cutting pipeline flows into the UK system.
Read the article - Power7 June 2026
Day-ahead baseload eases Monday after Friday intraday prices breach £200/MWh
UK day-ahead power prices for Monday delivery have pulled back after intraday prices breached £200/MWh on Friday, when low wind output and plant outages left the system critically tight.
Read the article - Policy7 June 2026
National Grid files £4.5bn transmission spend request with Ofgem
National Grid has submitted 25 funding proposals to Ofgem seeking approval for approximately £4.5 billion in additional electricity transmission investment in England and Wales.
Read the article - Policy7 June 2026
National Grid files £4.5bn re-opener request with Ofgem for transmission upgrades
National Grid has submitted 25 funding proposals to Ofgem seeking approval for **£4.5 billion** in additional electricity transmission investment in England and Wales, using the regulator's re-opener mechanism to fund grid upgrades that exceed the baseline set under the RIIO-T3 price control.
Read the article - Policy6 June 2026
National Grid files £4.5bn re-opener request with Ofgem for transmission upgrades
National Grid has submitted 25 funding proposals to Ofgem seeking approval for approximately £4.5 billion in additional electricity transmission investment in England and Wales, using the regulator's re-opener mechanism to fund network demands that exceed the baseline set under the current price control.
Read the article - Policy6 June 2026
National Grid seeks £4.5bn above RIIO-T3 baseline in Ofgem re-opener
National Grid has submitted 25 funding proposals to Ofgem seeking approval for approximately £4.5 billion in additional electricity transmission investment in England and Wales, using the regulator's re-opener mechanism to go beyond the baseline set under the current price control.
Read the article - Oil4 June 2026
Hormuz dark-ship flows reach 710,000 bpd as strait stays restricted
Tanker outflows from the Strait of Hormuz have quietly accelerated to an estimated **710,000 barrels per day** since early May, with roughly 65% of laden vessels disabling their Automatic Identification System (AIS) to cross undetected, yet the waterway remains far below pre-conflict volumes and a durable recovery looks distant.
Read the article - Gas3 June 2026
Norway strike deadline of 5 June puts NBP gas contracts on alert
Norwegian oil and gas employers and trade unions began two days of wage negotiations on Wednesday, with roughly 8% of offshore workers prepared to walk out from 5 June if talks fail.
Read the article - Power3 June 2026
National Grid opens EGL5 consultation on 585km Scotland-to-Lincolnshire link
National Grid has opened a public consultation on Eastern Green Link 5, a 585km subsea high voltage direct current cable that would carry Scottish renewable power to Anderby Creek in Lincolnshire, with the window running from 29 May to 24 July 2026.
Read the article - Oil2 June 2026
OPEC+ set to lift July quota by 188,000 bpd as Hormuz cuts actual supply
Seven core OPEC+ members are expected to approve a further output quota increase of approximately **188,000 barrels per day** for July when ministers meet online on Sunday, even as Strait of Hormuz disruptions have kept actual production well below target.
Read the article - Oil2 June 2026
OPEC+ approves fourth consecutive 188,000 bpd output rise for July
Seven core OPEC+ members are expected to agree a further production quota increase of approximately **188,000 barrels per day** for July at Sunday's online ministerial meeting, even as Strait of Hormuz disruptions continue to suppress actual output well below target.
Read the article - Gas1 June 2026
617 Norwegian offshore workers set to strike on 5 June as wage talks stall
A strike involving up to 617 Norwegian offshore workers could begin on 5 June if state-mediated wage talks between unions Styrke, Lederne, and Safe and industry body Offshore Norway break down, threatening output from a country that supplies roughly one-third of Europe's annual gas consumption.
Read the article - Gas1 June 2026
Norwegian offshore strike threat puts NBP supply at risk from 5 June
617 Norwegian offshore workers are set to strike from 5 June if state-mediated wage talks fail, threatening output from the country that supplies roughly one-third of Europe's annual gas consumption.
Read the article - Oil29 May 2026
Brent drops 10.5% on week as US-Iran ceasefire deal reported
Brent crude fell **$1.24 to $92.47 a barrel** at 06:56 GMT on Friday, putting it on course for a 10.5% weekly decline after reports that the US and Iran had reached a preliminary agreement to extend a ceasefire and reopen the Strait of Hormuz.
Read the article - Gas28 May 2026
ICE TTF drops €2.69 to €44.79/MWh as Iran signals Hormuz deal
Europe's benchmark gas contract dropped sharply on Thursday after Iran confirmed receipt of a draft US framework that would reopen the Strait of Hormuz to commercial shipping.
Read the article - Article28 May 2026
Which UK Supplier Pays the Best on Solar Export? (SEG)
Compare 2026 Smart Export Guarantee (SEG) rates from 16 UK suppliers, with top tariffs reaching 15.1p/kWh. See who pays most for your exported solar and how to switch.
Read the article - Power28 May 2026
European winter power hits 20% premium over 2027 on gas and hydro crunch
European winter electricity contracts are trading at their steepest premium over year-ahead benchmarks since the 2022 energy crisis, with German and Italian winter baseload now above **€110/MWh** and **€120/MWh** respectively, driven by gas storage running at 38.2% of capacity and a decade-low hydrological balance.
Read the article - Power25 May 2026
GB fossil fuel output drops below 1 GW for the first time on record
Britain's electricity grid came within touching distance of fully fossil-free operation in April 2026, with gas and coal output dropping below **1 GW** for the first time on record, according to Drax Electric Insights analysis produced by researchers at Imperial College London.
Read the article - Oil25 May 2026
UAE quits OPEC, freeing 1.35 million bpd of suppressed capacity
The UAE formally ended its nearly 60-year OPEC membership on 01/05/2025, freeing it to raise production toward **4.85 million barrels per day** and beyond, in what a senior presidential adviser described as a race to monetise reserves before hydrocarbon demand structurally declines.
Read the article - Article23 October 2024
Half-Hourly Electricity Meters Explained
Understand half-hourly electricity meters, why businesses use them, and how they can help improve efficiency and cut energy costs.
Read the article
About the review
What an FCA peer review actually changes
An FCA designation is awarded by the Institute of Chartered Accountants in England and Wales after a minimum of five years in practice, the ACA qualification, and continuing professional development. It is the same credential the FTSE 350 expects of its audit partners. Applying it to wholesale-market editorial means every figure quoted in a Purely Energy Live News article has been independently checked against its source before it reaches a finance director’s inbox.
The review covers three things: numerical accuracy (does the price quoted match the cited settlement), source attribution (is the source named and verifiable), and editorial logic (does the conclusion follow from the data shown). Articles that fail any of these are returned for re-drafting. Articles that pass carry Mark’s name on the public page so the reader can see who stood behind the take.
It is the same discipline the rest of the Purely Energy quote process runs on: wholesale price, non-commodity costs, supplier margin and our margin shown separately, with the working visible. The peer review is what extends that discipline from the quote PDF onto the daily editorial output.