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

    Gas prices were volatile to start with, seeing some slight reductions early on due to unplanned gas outages in Norway. Cooler temperatures increased demand above seasonal average towards mid-week, with things settling towards Friday, thanks to improved supply conditions. More
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    Chris

    Towards the end of last week, electricity and gas prices were high, despite reduced tensions in the Middle East which caused oil prices to come back down. Gas prices went up due to outages, which were followed upwards by electricity, supported by subdued wind generation. More
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    Chris

    The early part of last week saw gas and electricity prices being pushed up by increases in the cost of both crude oil and coal. As the week went on, these rises were slowed by gas injections into the UK supply network and the availability of wind generation. More
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    Tim

    Despite demand being above seasonal norms last week, gas prices came down in line with Brent crude oil which fell by around 5%. Electricity prices closed the week fairly flat considering poor wind generation, as prices were supported by the gas movements. More
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    Chris

    Prices were pushed higher due to a weak contribution from renewables and a required increase in gas-fired generation. The falling oil price, however, managed to keep the price rise moderate in the short term and stable long-term. More
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    Tim

    UK wind output remained low with the higher than average temperatures and all of the sunshine, record solar outputs were forecast in Germany last week. Gas saw gains in the week due to rising coal prices driving things up and electricity followed a similar trend for most of the week. More

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