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.

 

  • image description

    Jon

    Last week both gas and power prices increased significantly causing many suppliers to pull their prices. Due to the continued outages at the Norwegian gas processing plant, Nyhamna, gas prices increased last week due to the shortages it created in the UK. More
  • image description

    Tim

    Lower liquefied natural gas storage levels and an unplanned outage to the Norwegian gas processing plant, Nyhamna, has seen gas prices increase this week. However, oil and electricity prices dropped by over 3% due to signs that Sino-US trade tensions were easing, after President Trump and President Xi struck conciliatory tones at the G20 meeting. More
  • image description

    Chris

  • image description

    Oli

    Gas prices fell significantly with recent supply demand variables being the driving force behind this. The flurry of Liquefied Natural Gas cargoes that are due at the end of June has likely provided an incentive for price drops. Brent Crude oil saw a rather volatile week with prices increasing, however, coal and carbon saw very little change. More
  • image description

    Chris

    There has been very little change to prices within the energy market last week. Brent Crude Oil and Coal came down due to falling demand forecasts and the news that SSE will close the 1.5 GW coal-fired Fiddler’s Ferry asset by April 2020. More
  • image description

    Tim

    Energy costs reduced again due to healthy gas storage and assumed weaker demands for summer bringing down the cost of coal and carbon too. Brent Crude costs fell significantly after the US announced that they will impose tariffs on Mexican imports; their trade war weighing heavily on the global economic outlook. More

Back to top