Energy efficiency is not just low-hanging fruit; it is fruit on the ground. Stephen Chu, US Secretary of Energy

Energy Contracts and Prices

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

 

  • image description

    Chris

    Last week saw some fairly mixed price movements across the board. Electricity prices have been driven up due to National Grid forecasts being higher and concerns over lengthy nuclear outages in France on the horizon. Though this week we hope things will stabilise, we anticipate that there may be more of the same until there is more certainty in the market. More
  • image description

    Chris

    A complicated week, with several factors helping to keep both short and long term prices fairly stable. However, short-term electricity prices surged due to concerns around nuclear power supply and a general lower forecast for renewable generation. More
  • image description

    Chris

    Short-term prices on both gas and electricity took another step upwards last week, with the balance of supply and demand factors ending the week in under-supply forecasts. Longer-term prices also rose, mainly due to Brexit uncertainty and associated currency effects. More
  • image description

    Chris

    A volatile week with gas availability and renewable generation fluctuating considerably day to day. Overall however, gas supplies from the continent were down on expectations pushing short term prices up and overall wind and solar electricity generation did not manage to compensate, meaning short term electricity prices followed gas upwards. More
  • image description

    Chris

    Announcements that the outages at the Statoil processing plant in Norway will continue until October, pushed short term prices up. Electricity managed to resist because of very high wind generation towards the end of the week, reducing reliance on gas fired power stations. More
  • image description

    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

Back to top