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Energy efficiency is a measure of energy used for delivering a given service. Improving energy efficiency means getting more from the energy that we use. DECC - Energy Efficiency Strategy: 'The Energy Efficiency Opportunity in the UK'

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  • Gas prices fell by over 3% in the past week as healthy EU gas storage levels and several Liquified Natural Gas (LNG) deliveries helped reduce the risk associated with winter conditions. Demand is expected to remain low as forecasted temperatures are forecast to stay above seasonal norms. Read More...
  • Both carbon & oil prices saw significant increases over the past week mainly due to falling assumed demands, US-China trade tensions and a poor European economic forecast. Cooler weather forecasts have caused a slight increase to both gas & electricity prices. Read More...
  • This week saw further price reductions to both gas & electricity, although they were not to the levels of the previous week. Reduced supply risk and EDF being given the go-ahead to resume generation at the 480 MW Hunterston B-8 nuclear reactor being two of the main reasons for the changes. Read More...
  • Both gas & electricity markets fell substantially, driven mainly by losses in the crude, coal and carbon markets as growing angst over global economic health weighs on assumed future demands. The EU Emissions Trading Scheme (ETS) carbon saw a 7% loss as ongoing no-deal Brexit speculation creates uncertainty. Read More...
  • The wider energy market continued to be the main driver again with strong losses for Brent Crude Oil weighing in, as well as carbon having tight supply demands due to a shortage of allowance auctions. It is expected that these wider energy issues will continue to drive the gas and electricity prices and with the trade war between the US and China continuing, the Brent Crude Oil market may continue to face volatility. Read More...

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