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.

 

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    Chris

    Forecasts of oversupply in the oil markets helped long-term gas prices to remain stable, with electricity following suit.  Short-term prices looked to rise earlier in the week, due to gas shortages resulting from lower than expected imports from Norway. More
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    Chris

    Short-term prices on both gas and electricity increased slightly, due to a combination of lower than average temperatures and unplanned maintenance work on both Norwegian gas facilities and UK nuclear plants. Good wind and solar in the middle of the week helped to keep the increases modest. More
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    Chris

    Short-term gas prices rose significantly last week, mainly due to the unseasonal low temperatures. However, short-term electricity did not follow suit owing to good solar generation. Longer-term prices for gas and electricity remained stable, despite uncertainties caused by the snap election. More
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    Chris

    Lower temperatures pushed both day-ahead gas prices down, with electricity following suit.  In contrast, oil took an optimistic increase due to the possibility of production cuts being extended beyond June. More
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    Chris

    Events in Syria, at the end of last week, prompted a significant increase in the price of Brent crude. Despite this increase, a nominal decrease in gas and electricity was helped by the warmer weather. More
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    Chris

    Gas prices bucked the downward trend this week, with short-term prices held up by supply disruptions and longer-term helped by an increase in oil. Electricity followed suit over the longer-term but short-term continued to fall, helped by strong wind and solar. More

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