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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    Chris

    Gas and electricity prices continue to drop, trying to recover from the significant price increases from earlier this month. Temperatures have continued to remain above seasonal norms which have helped reduce supply demands. The volatile carbon market adds uncertainty to the direction in which the markets will go in the forthcoming weeks. More
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    Oli

    After last week's significant increases, this week we have seen prices recover somewhat, with gas, electricity, carbon and Brent Crude prices reducing. LNG cargoes are expected in August which will improve short term supply demand and reduce buying pressure. More
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    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
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    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
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    Chris

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    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

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