Energy Contracts and Prices

Keep up-to-date with the latest news on energy contracts and prices with updates from the GrowSave team.

 

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    Chris

    A pretty uneventful week overall with regard to price movements. Looking to the next few weeks, two Qatari LNG ships are expected any day which should depress day ahead gas into August. Continuing the international theme, coal prices in China have risen which, due to their vast consumption, could lead to gas climbing off the back of it. More
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    Chris

    Prices for long-term gas, followed by electricity, remained fairly stable. Oil prices were affected by Sterling exchange rates, resulting in only small downward price movements. Short-term gas prices dropped, due to supplies from Norway increasing, while electricity prices rose as forecasts for wind generation were revised. More
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    Chris

    Both gas and electricity prices continue around the previous 12-month levels, with some unpredictability week on week. This is especially apparent on short-term electricity as, with the bigger effects of wind and solar, the price does not always track gas equivalents. More
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    Chris

    Short-term gas prices continue to recover as average temperatures fall back to seasonal levels and renewable inputs fall back from the extreme. Norwegian gas supplies returned from maintenance earlier than expected, which limited the short-term price gain. More
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    Chris

    Short term prices took a shift upwards last week and in the case of gas, recovering much of the previous week's price fall. Volatility is being caused by unpredictable extremes in wind and solar generation. Reduced wind power input, in particular, caused  extra demand for gas-fired generation, with gas import difficulties also helping to move prices higher. More
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    Chris

    Last week saw short-term gas prices dip lower than in September 2016, driven by a combination of high temperatures and pipeline maintenance preventing any continental export. Meanwhile, substantial air-con usage and unpredictable wind supply prevented short-term electricity from following suit. More

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