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

    In the last week, electricity and gas prices have reduced between 3-5%. This price decrease has continued due to a number of reasons, including near capacity Liquified Natural Gas reserves with fewer withdrawals than usual due to current weather forecasts still not showing a cold snap on the horizon. More
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    Jon

    Both electricity and gas prices have decreased following receding Middle East tensions that drove a price increase earlier in the month. The February 2020 weather outlook is fairly mild and with imports of Liquefied Natural Gas continuing at a record pace into the UK, prices could potentially fall further. More
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    Chris

    Last week saw price decreases across the board. For gas, despite it being the tail end of the holidays, there are expectations of an oversupplied system in 2020 following a new five year trade deal with Russia and Ukraine being agreed, which will see a considerable amount of natural gas piped into Europe. More
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    Oli

    Both electricity and gas prices reduced slightly last week because, despite the withdrawals to cover weather changes and increased usage, liquefied natural gas (LNG) storage levels remain at above 90%. This has been assisted by continued LNG deliveries and December 2019 is looking like another bumper import month. More
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    Jon

    Electricity and gas prices have dropped slightly due to the long range weather forecasts predicting a mild winter. This announcement has been accompanied with the news that UK mid-range storage levels are currently at over 90% capacity and EU Carbon observed a net loss of 2. More
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    Tim

    Electricity and gas exhibited volatility last week with surges in the carbon price being offset by the continued influx of Liquefied Natural Gas. The expectation is that the volatility will continue this week as the 12 December General Election approaches and the impact that Brexit may have. More

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