Upfront prices have remained relatively stable over the Easter period as the markets settle on the back of the fallout from implementation of the US’ import tariffs and the subsequent reaction and response.
Seasonal temperatures remain at a typical level which therefore sees a reduce in demand, further helping to reduce wholesale cost.
Read MoreThere is no ceasefire in Ukraine, and markets remain watchful, with flexible gas storage targets under discussion to ease price manipulation. Gas markets face rising U.S. LNG costs, while electricity markets benefit from UK renewable energy policies and favorable weather forecasts.
Read MoreAs winter ends, the February cost increase has stabilised recently due to LNG imports into Europe and negotiations on the Russia/Ukraine conflict. Although prices are slightly above the 2023 average, the LNG imports have eased summer storage fears. However, ongoing conflicts and the unpredictable Trump administration may still cause market volatility.
Read MoreIn April 2025, water prices are set to rise significantly, impacting both domestic and non-domestic customers. Read on to discover more.
Read MoreExplore the reasons behind deregulation, why it benefits your organisation, and how Dukefield Energy can simplify water procurement for educational institutions and public sector organisations alike.
Read MoreThe theme of the first month in 2025 has been one of volatility and uncertainty with the markets showing rises in cost as a result. Week commencing 20th January saw all eyes on the USA with the Trump administration taking office and making significant and immediate changes.
Read MoreWith the UK temperature plummeting, this increases the demand for gas so it’s likely that prices will remain at this level for the next week at least. Temperatures now look to be returning to seasonal norms and despite reports of the UK’s gas storage being low, the markets are still looking positive with recent LNG shipments into UK and Europe.
Read MoreSeptember and October have seen a period of volatility due to the escalating conflict between Israel and Iran which has seen multiple military strikes from each side. The markets closed at higher than average levels on Friday 25th October as colder temperature forecasts for early November and continued concerns around activities in the Middle East pushed the prices up.
Read MoreOn 23 September 2024, Salix announced Phase 4 of the Public Sector Decarbonisation Scheme. The fund will focus primarily on the decarbonisation of heat. The application portal opened on Wednesday 9th October and will close on Monday 25th November.
Read MoreAugust saw a rise in wholesale costs as tensions between Israel and Iran continued to grow and the conflict in Ukraine/Russia rages on. However, September has seen prices fall and with temperatures in the UK set to be above average for the next fortnight, it could see prices hold further.
Read MoreRecently gas and electricity prices have fallen to the lowest level we have seen in the last 18 months as demonstrated in the graphs below. Customers with contracts up for renewal between now and April 2024 would be strongly advised to look at arranging renewal contracts.
Read MoreRecently gas and electricity prices have fallen to the lowest level we have seen in the last 18 months as demonstrated in the graphs below. Customers with contracts up for renewal between now and April 2024 would be strongly advised to look at arranging renewal contracts.
Read MoreIn the last two weeks gas and electricity prices have fallen to the lowest level we have seen in the last 18 months as demonstrated in the graphs below. Customers with contracts up for renewal between now and April 2024 would be strongly advised to look at arranging renewal contracts.
Read MoreThe race between European and Asian buyers of Liquified Natural Gas (LNG) to secure long-term supply agreements with the US is driving investment into new LNG projects, which will in turn help boost a market that is potentially facing a supply shortage.
Read MoreESO (Electricity Systems Operator) has confirmed it will have no coal-fired power as back-up this winter, if needed. Last winter, there were five contingency units on call. The ESO had said that it remained in talks with EDF and Drax about keeping their coal-fired generation on its standby contracts.
Read MoreVolatility within European gas markets this week has highlighted complications for traders, on whether the energy crisis is still severe enough to continue importing additional LNG cargoes during the summer months.
Read MoreOn Monday this week, the European Commission announced it has elected to not prolong the emergency measures introduced last year to shield consumers from record high energy prices,
Read MoreEurope's energy transition away from fossil fuels, with solar capacity growing twice as fast as wind capacity since 2018. Installed solar capacity has increased 88% during this time while wind capacity has only grown by 35%
Read MoreBritain’s wind farms generated more electricity in Q123 than gas for the first time. Britain is seeking to expand its wind generation as it tries to meet its goal of net zero emissions by 2050,
Read MoreThe government has recently announced a new energy bills discount scheme specifically for energy and trade-intensive industries (ETIIs). Eligibility for the scheme was assessed on the criteria of Energy and Trade intensity with sectors being required to pass through both thresholds to be eligible for ETII support.
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