Peter Sceats is a British businessman, political activist and campaigner for fair commodity benchmarking. Peter founded the

commodity price indices A commodity price index is a fixed-weight index or (weighted) average of selected commodity prices, which may be based on spot or futures prices. It is designed to be representative of the broad commodity asset class or a specific subset of commod ...

upon which all

Atlantic basin The Atlantic Ocean is the second largest of the world's five oceanic divisions, with an area of about . It covers approximately 17% of Earth's surface and about 24% of its water surface area. During the Age of Discovery, it was known for se ...

coal trade is based and all European power stations were once valued. The coal indices he founded currently benchmark around $500 billion in international trade. He founded the Grand Union Co. a Utilities Merchant & Business Cost Management company in 2016 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

Peter Sceats was born on Wilmot Street,

Bethnal Green Bethnal Green is an area in London, England, and is located in the London Borough of Tower Hamlets. It is in east London and part of the East End of London, East End. The area emerged from the small settlement which developed around the common la ...

to publican parents. Sceats had a cousin, Lillian, who died in the Bethnal Green tube disaster, and later in life worked with the Stairway to Heaven charity for raising money for the monument in Bethnal Green Gardens.

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 Conservatism is a cultural, social, and political philosophy and ideology that seeks to promote and preserve traditional institutions, customs, and values. The central tenets of conservatism may vary in relation to the culture and civiliza ...

candidate. 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 *Member of the All Party Parliamentary Water Group *Associate of the Energy Managers Association *GlobalCoal Risk Manager of the Year *MSTA (Dist.) Society of Technical Analysts Diploma with Distinction *NLP Practitioner (NLPP Regents University)

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 and Lillian's Theme for Haven House Children's Hospice and the Stairway to Heaven Memorial Trust, respectively.

References

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 {{DEFAULTSORT:Sceats, Peter 21st-century British businesspeople UK Independence Party politicians People from Bethnal Green Living people Year of birth missing (living people)