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Energy efficiency is not just low-hanging fruit; it is fruit on the ground. Stephen Chu, US Secretary of Energy

Tim

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    Tim

    Temperatures being above their seasonal norm and a drop in Brent Oil prices caused the gas prices to fall further last week. Three Liquefied Natural Gas tankers arrived in the UK, creating a healthy supply to the system with another five due throughout November. More
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    Tim

    Overall, the market was fairly volatile last week due to disagreements between Saudi Arabia and the US and also further Brexit concerns. We saw a reduction in oil and carbon prices, which caused electricity prices to fall to the lowest price we’ve seen for two months. More
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    Tim

    Through the colder weather caused heating demand to rise initially last week, a drop in the price of carbon, milder weather forecasts and an unexpected gas cargo arriving to the UK which all caused prices to fall. Electricity also followed suit with some significant drops supported by rising wind and solar forecasts. More
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    Tim

    Last week gas prices were impacted by an unplanned outage at a key gas field in Norway sending prices back up after the dips we had last week. Electricity also tracked upwards, due to weaker wind output forecasts. Other factors affecting the market were strong levels of volatility in oil prices due to global supply concerns and pound sterling having a poor week against the euro following unsuccessful Brexit negotiation between the UK and EU. More
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    Tim

    Gas-Day Ahead prices rose due to a planned outage at a Norweigan processing plant. We will see if the planned return to service on 22 August comes good. Further forward, the upturn in prices seen last week continues. Electricity - is following gas pretty much £1/MWh for every 1p/Th increase. More
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    Tim

    Despite demand being above seasonal norms last week, gas prices came down in line with Brent crude oil which fell by around 5%. Electricity prices closed the week fairly flat considering poor wind generation, as prices were supported by the gas movements. More

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