Energy efficiency is not just low-hanging fruit; it is fruit on the ground. Stephen Chu, US Secretary of Energy

Chris

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    Chris

    Gas prices fell last week due to milder than forecasted temperatures causing a fall in demand which, combined with a good flow of natural liquid gas coming through, led to an oversupplied system. Electricity prices tracked gas prices downwards, supported by strong levels of wind generation, but settled towards the end of the week. More
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    Chris

    A combination of temperatures falling below seasonal norms, along with a gas pressure failure at a processing plant in Norway, caused gas prices to increase throughout last week. Strong wind levels on Monday provided the grid with 22% of its electricity requirements though, unfortunately, this wasn’t enough to prevent electricity prices from tracking gas upwards. More
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    Chris

    putting an end to the plummeting prices of the last couple of weeks for gas and electricity. In addition, despite milder temperatures, gas prices increased this week owing to low wind levels calling for more gas-fueled generation. Electricity followed gas upwards at the start of the week, but strengthened with the improved wind output mid-week. More
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    Chris

    Gas prices took a sharp drop last week thanks to strong supply conditions and a fall in the price of oil, despite a planned outage at a gas terminal in Scotland. Electricity prices followed the downwards trend with additional support from high wind generation, which peaked on Tuesday generating a whopping 35% of the electricity in the UK and in turn, reduced the demand for gas and coal fired generation. More
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    Chris

    The mild weather brought the demand for gas down which, coupled with strong winds reducing the amount of gas-powered generation needed, caused prices to fall significantly. The strong winds and stormy conditions from Storm Callum supported wind generation so much this week that it peaked at 9GW of supply on Thursday, causing prices to take a nose-dive. More
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    Chris

    Gas had some small increases last week, which wasn’t bad considering the rising oil prices. The minimised increases were supported by increased gas arriving from Scandinavia and an influx of Liquefied Natural Gas on UK shores. Electricity prices softened and were unaffected by wind generation forecasts being low and the small gas increases. More

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