Yesterday, 9th January the UK Government released details of the financial support available for business following the expiry of the current Energy Bill Relief Scheme (EBRS) on 31st March 2023.

It’s been a positive start to 2023, over the last week we have seen several factors that are helping drive the UK’s energy markets downwards.

The current weather forecast remains the primary driver, with temperatures continuing to drop and wind generation below seasonal norms, this is adding upward pressure to immediate energy markets.

The government yesterday, 21st September 2022, provided further information on the plans for limiting the wholesale costs for gas and electricity for non-domestic customers.

Here is the latest update on what is happening with the energy market at the moment. Russia has reduced gas flows through the NordStream1 pipeline by a further 20% of capacity

In this article, we provide an overview of our advice and all the factors that you should be aware of to make an informed decision when looking to procure your contracts.

In our latest update we explain the causes of this volatility, including the impact following the G7 summit and what our advice is to customers.

Recent months have seen the risk premium rise for UK and European energy markets, with markets primarily concerned about Russian gas flows to Europe being reduced or halted.

As always, Dukefield Energy have been monitoring the markets closely over the last few weeks and here is a detailed overview of what is going on and the outlook for the immediate future.

On Thursday the UK energy markets started to rise again after recent falls, this was driven by a tighter supply picture as the Norwegian Kollsnes gas processing plant goes offline due to unplanned maintenance.

On the 1st of April, Gazprom announced that they will be withdrawing from Gazprom Germania. The same date after which Gazprom will expect all gas received to be paid in roubles.

We now have a facility for our customers to have easy access to their own energy management reports. The web based platform is delivered via our partner Systemslink, the market-leading software specialists for monitoring utilities usage.

After another turbulent week for the energy market, we have put together a summary of the major new stories.

Dukefield Energy have been monitoring the gas and electricity markets closely over the last few weeks. We can now give you a more detailed overview of what is going on and the outlook for the immediate future.

In the past week, we have seen energy prices in the UK and Europe steadily increase. As it stands energy is continuing to flow out of Russia and has generally not been affected yet.

Latest energy market update, following the Russia and Ukraine events in the last 24 hours.

In this article Dukefield Energy CEO Nick Gauntlett provides insight into the current energy market situation, the cause of the problems and what we are advising customers do.