Peter Sceats is a British businessman, distiller and political activist. He founded the commodity price indices upon which all Atlantic basin coal trade is based and all European power stations are valued.[1] The coal indices he founded currently benchmark around $500 billion in international trade.[2] He founded the Grand Union Co. a Utilities Merchant & Business Cost Management company in 2016[3] and was until May 2020 Head of Risk Management for the world's largest energy company as measured by energy value KazAtomProm. He is now a commodity risk consultant, contributing comment on energy markets to news services and television. Peter is an expert witness in commodity matters and an insider dealing/money laundering investigator; his podcast "Coal My Part in its Downfall" concerning the founding and early days of the API coal index was published by Anchor.FM on the 24th anniversary of the world's first coal derivative trades. Peter is chairman of his family's gin company "El-Bart/Camberwell Distillery" founded by James Sceats in 1898.
Early life
Sceats was born in Woodford, then in the county of Essex, the son of publican parents from a wine & spirit merchanting family, he was educated at local primary and comprehensive schools. He had a severe stammer in childhood.
Politics
Sceats was an active campaigner for Vote Leave in the EU referendum of 2016 and stood as an independent in his home ward of Brizes & Doddinghurst in the 2016 council election, coming second to the winning the Conservative candidate but beating the Labour, Liberal Democrat and Green Party candidates. In March 2021, he authored the Fairness in Publicly Funded Salaries petition, a concept to salary-cap all publicly funded agencies in the UK at the level of the Prime Minister. He is chosen to represent the Reform UK Party in the next UK General Election and as such is the prospective Member of Parliament for Bethnal Green & Stepney.
Awards and recognition
- Energy Risk Magazine's Pioneer of Risk Management [1]
- Member of the All Party Parliamentary Water Group [4]
- Associate of the Energy Managers Association [4]
- GlobalCoal Risk Manager of the Year [4]
- MSTA (Dist.) Society of Technical Analysts Diploma with Distinction [4]
- NLP Practitioner (NLPP Regents University) [4]
Personal life
Peter studied at South Bank University, Regents University and the London Metropolitan School of Business. He has one son and two daughters and lives in Essex UK and Switzerland. He is a singer/songwriter and wrote the charity singles Boxing Day Lazy[5] and Lillian's Theme[6] for Haven House Children's Hospice and the Stairway to Heaven Memorial Trust, respectively.
References
- 1 2 "Pioneers: Coal - Peter Sceats - Risk.net". risk.net. 1 December 2005. Retrieved 10 April 2018.
- ↑ "THE US COAL MARKET PRIMER" (PDF). January 2013.
- ↑ "Grand Union Water Company". Grand Union Water Company. Retrieved 10 April 2018.
- 1 2 3 4 5 https://www.linkedin.com/in/peter-sceats-100a0729/
- ↑ peter sceats (18 December 2016). "Grand Union Water Co. Ecard for Christmas 2016". Retrieved 10 April 2018 – via YouTube.
- ↑ Charles Jenkins (21 May 2012). "The Bethnal Green Underground Disaster - 1943". Retrieved 10 April 2018 – via YouTube.
External links
- https://www.globalcapital.com/article/k666srj3nfss/mining-outfit-to-add-coal-traders
- https://event.utilityweek.co.uk/futureretail/speaker/peter-sceats/
- https://www.reuters.com/article/energy-coal-pricing/illiquid-physical-coal-may-distort-swaps-market-traders-idUSL5E8N3FVY20121220
- http://devtraditionenergy.com/who-we-are/leadership
- http://www.tradition.com/media/41205/tfs-statement-on-api-june-1-2006.pdf
- https://www.edie.net/blog/Brokers-set-to-make-waves-in-the-water-market/6098203
- http://www.eastlondonlines.co.uk/2012/10/75571/
- http://www.weeklytribune.co.uk/
- http://www.magindex.org/
- https://anchor.fm/peter-sceats
- https://el-bart.com