Energy efficiency is a measure of energy used for delivering a given service. Improving energy efficiency means getting more from the energy that we use. DECC - Energy Efficiency Strategy: 'The Energy Efficiency Opportunity in the UK'

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

    Short-term gas prices rose significantly last week, driven by high demand and some restrictions in tanker deliveries to the UK. Longer-term prices also increased, mainly following the upwards trend for oil. Short and long-term electricity prices also saw a rise, helped by significant exports to the continent and lower than expected wind generation. More
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    Chris

    Day-ahead gas is close to a nine-month high due to a combination of colder weather and undersupplied system. Looking further forwards, the increase in oil has had a minimal impact so far - however, it is likely to feed through soon. Short-term electricity prices remain volatile due to the delayed return of two French nuclear reactors but, with electricity being strongly connected to gas prices, the pattern and drivers are similar. More
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    Chris

    Day-ahead gas saw significant increases last week, driven mostly by unexpected maintenance required both here and on the continent. Lower temperature forecasts helped the increases in both gas and electricity, with the change in daylight savings also playing a part. More
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    Chris

    Overall, the markets for both short and long-term gas and electricity remained stable this week. More
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    Chris

    A week dominated by the effect of unseasonably warm temperatures has led to significant reduction in demand and an associated price fall in short-term traded gas and electricity. Longer-term prices remained stable by contrast, despite a slight increase in the oil base. More
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    Chris

    Both gas and electricity saw a significant rise in price compared to last week. Gas was driven high by a number of unplanned outages in Norway and this, combined with actual wind and solar generation falling well short of forecasts, caused electricity prices to surge short-term. More

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