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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    Jon

    Electricity prices have reduced this week due to the market taking direction from gas, system oversupply and warmer temperatures outweighing lower wind power generation forecasts. Reductions in trading prices to both coal and carbon have also influenced price reductions. More
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    Chris

    Last week saw electricity prices increase due to a volatile carbon market and EDF Energy announcing that the Hunterston B8 reactor outage would persist until the 30 May. Gas prices have remained stable, as supply-demand levels are currently higher than the equivalent 2017/18 levels, which have offset the rising carbon prices. More
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    Tim

    Falling carbon and oil prices has seen further reductions to prices over the past week and although we are forecasted to see temperatures drop significantly this week, forecasts still indicate that temperatures will be at or above seasonal averages for the next six weeks. More
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    Jon

    Short-term pricing has remained flat with prices being influenced by the gas and carbon market as both oil and carbon prices fell on Friday. Brexit has been one of the major factors in driving prices up in the past few months. However, carbon prices could reduce further next week due to the speculation regarding Brexit subsiding for the time being. More
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    Chris

    A volatile week has seen prices vary due to fluctuating demand and wind generation levels. Prices went up due to gas powered generation, however, above seasonal weather averages helped reduce prices over the Easter Holiday period. More
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    Oli

    Gas prices have been volatile due to fluctuating wind power generation and temperatures trending towards below seasonal norms. Gas action has fallen in the past week, with swelling carbon prices increasing premiums for the UK calling on gas turbines for power generation. More

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