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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    Tim

    Last week temperatures stayed above seasonal norms reducing the demand for gas which brought prices down with supply levels remaining strong. This improvement in gas prices, combined with above average wind generation, supported a similar drop in electricity prices. More
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    Jon

    After temperatures being mild and demand being low throughout February, gas demand actually went up last week due to lower temperatures increasing the demand for heating. From midweek, demand reduced and remained below seasonal norms with overall prices for gas and electricity decreasing. More
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    Chris

    Earlier in the week, the warmer weather and the healthy supply of gas brought prices down. However, towards the end of the week, the strengthening of coal and carbon prices caused gas prices to rise for the first time in a while, with electricity following suit. More
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    Chris

    Gas prices pushed further down with continued healthy supplies and reduced demand due to higher than usual seasonal temperatures. More Liquid Natural Gas tankers arrived during last week helping to maintain stock levels, meaning that a mid-week gas outage in Norway had very little effect on prices. More
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    Tim

    Gas prices declined significantly again last week due to continued healthy supply levels. With temperatures across the country remaining very mild for this time of year, and with the forecast set to stay that way for the rest of the month, gas demand remains low. More
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    Jon

    Wind generation started off low this week but picked up from Wednesday onwards producing more power than gas by the end of the week. The increase in this generation sent gas prices downwards even further. Temperatures last week were mild compared to seasonal norms, which supported the decrease due to reduced demand and continued healthy supply levels. More

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