Mini Energy Report 25th October 2022
Headlines: Gas and Electricity Wholesale prices are lower EU Gas Storage levels are an improved 94% full Large numbers of LNG shipments are available Energy Overview Since our last Energy Report, Gas and Electricity Wholesale prices are lower. Costs for the remainder of 2022 and the first quarter of 2023 are very high. Although 2023 […]
Mini Energy Report 18th October 2022
Headlines: Gas and Electricity Wholesale prices are lower EU Gas Storage levels are an improved 92% full Markets are likely to overreact to any additional supply issues Energy Overview Since our last Energy Report, Gas and Electricity Wholesale prices are lower. Costs for the remainder of 2022 and the first quarter of 2023 are very […]
The UK Energy Market: What’s Going on Right Now
Why are energy prices increasing? Gas and Electricity are becoming more expensive not only for domestic users but for businesses as well. It’s mainly down to the pressures being put on Gas supplies, with reductions and the concern for further reductions, from Russia. Renewables output from Wind technology remains erratic, requiring expensive Gas to be […]
Energy Report October 2022
Headlines: The government outlined the Energy Bill Relief Scheme. Threats of further disruption to Gas imports from Russia. EU Gas Storage levels are an improved 88% full, compared to 75% last year. Energy Overview As of the 3rd of October, Gas and Electricity Year Ahead Wholesale costs were lower, when compared to last month’s report. […]
Mini Energy Report 29th September 2022
Headlines: Gas and Electricity Wholesale prices have moved higher over the last week EU Gas Storage levels are an improved 88% full. Nord Stream 1 and 2 Gas pipelines have been damaged Since our last Energy Report, Gas and Electricity Wholesale prices are higher. On the 21st of September the government confirmed support for non-residential […]
Mini Energy Report 21st September 2022
Headlines: Gas and Electricity Wholesale prices have moved slightly higher over the last week. EU Gas Storage levels are an improved 86% full. Nord Stream 1 has closed for the foreseeable future. Since our last Energy Report, Gas and Electricity Wholesale prices are higher. Costs for the remainder of 2022 and the first quarter of […]
Mini Energy Report 13th September 2022
Headlines: Gas and Electricity Wholesale prices have eased over the last month EU Gas Storage levels are an improved 84% full Nord Stream 1 has closed for the foreseeable future Energy Overview Since our last Energy Report, Gas and Electricity Wholesale prices are lower. Costs for the remainder of 2022 and the first quarter of […]
Energy Report September 2022
Headlines: Very high Gas and Electricity Wholesale costs. Further disruption to Gas imports from Russia. EU Gas Storage levels are an improved 82% full, compared to 69% last year. Energy Overview As of the 5th of September, Gas and Electricity Year Ahead Wholesale costs were higher, when compared to last month’s report. The Oil price […]
Mini Energy Report 31st August 2022
Headlines: Gas and Electricity Wholesale prices are showing extreme volatility EU Gas Storage levels are an improved 80% full Nord Stream 1 has closed for maintenance for three days Energy Overview Since our last Energy Report, Gas and Electricity Wholesale prices are lower. Costs for the remainder of 2022 and the first quarter of 2023 […]
Faster Switching Energy Supplies Is Here
Switching energy suppliers has over the years proven to be a little unreliable. A process that as standard took 21 days, could be further delayed through an objection by the current supplier. Frustratingly these objections were often not justified and potentially a way of holding onto supplies a little longer, exposing customers to higher non-contracted […]