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

    Despite the good weather last week, short-term gas prices took a big step upwards once again, helped along by outages on the continent. All prices were volatile during the week, ultimately ending higher and tracking oil again in the longer term. More
  • image description

    Jon

    All prices continued the upward trend last week, dominated by the oil price and weakening sterling. Oil prices were pushed up following the news that the USA was to withdraw from the Iran nuclear deal and sterling weakened after the surprise decision of the Bank of England to maintain interest rates. More
  • image description

    Chris

    The summer weather last week helped the market in gas to move into oversupply and consequently, a reduction in short-term prices, with electricity obediently following suit. Longer term, however, the opposite proved true, with prices continuing to track with the oil price and the weakening pound. More
  • image description

    Tim

    The colder than expected weather last week, combined with unexpected outages in the Norwegian supply network, drove short-term prices higher. Longer term prices also increased, helped by a weakening pound sterling and upwards movement in oil. More
  • image description

    Chris

    Supplies of gas from Norway were adversely impacted by both outages in facilities and also pipelines to the UK. This put the system into undersupply kicking short-term prices upwards. Electricity managed to resist the upwards price pressure because of significant wind generation. More
  • image description

    Chris

    As temperatures return to more seasonal norms and stocks of gas return to acceptable levels, the short-term prices corrected downwards, followed by electricity. Longer term prices followed suit, helped by a 4% fall in the oil price over the week. More

Back to top