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

    Longer-term prices for electricity and gas followed oil and coal downwards. This was also the trend for the short-term market, which was helped down by temperatures that were forecast to be slightly higher than expected and good wind generation. More
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    Tim

    Shorter-term prices for gas increased slightly due to the colder weather, but this is not expected to persist. Supplies remain healthy so longer-term prices have fallen slightly. Following a sustained period of falls in recent months, electricity is showing signs of stabilising. More
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    Chris

    Most factors kept the downward pressure on prices this week. Strong gas imports, higher than expected temperatures and currency gains all helped to push short and long-term prices down past September 2017 levels. More
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    Chris

    Strong imports of gas from Norway and a good week for wind generation both helped gas prices to fall significantly in the short-term, whilst the dip in oil price and strengthened pound allowed the long-term prices to follow suit. Electricity tracked gas in both respects. More
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    Tim

    Higher than expected demand overall last week, combined with lower than average temperatures, saw increases in the short-term gas and electricity markets. Longer-term increases followed oil in its relentless rise to 3-year highs. More
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    Jon

    Oil prices continued to push through recent highs, although increased supplies flowing from US wells helped to temper the effect of the unrest in Iran. Gas was in oversupply for most of the week, keeping prices low in the short and medium term. More

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