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Energy efficiency is a measure of energy used for delivering a given service. Improving energy efficiency means getting more from the energy that we use. DECC - Energy Efficiency Strategy: 'The Energy Efficiency Opportunity in the UK'

Tim

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    Tim

    Gas prices dropped further last week due to milder than forecast weather, which reduced demand for gas. Initially electricity prices did come down in line with the gas market. However, due to the decline in wind generation towards the end of the week, electricity prices rose. More
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    Tim

    Gas prices saw a massive drop this week, due to cold weather forecasts being revised, with temperatures returning to milder seasonal norms by the end of the month. On top of this, a healthy amount of liquid natural gas is due to dock this month which has caused prices to drop further. More
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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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