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

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  • Gas prices fell last week due to milder than forecasted temperatures causing a fall in demand which, combined with a good flow of natural liquid gas coming through, led to an oversupplied system. Electricity prices tracked gas prices downwards, supported by strong levels of wind generation, but settled towards the end of the week. Read More...
  • 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. Read More...
  • A combination of temperatures falling below seasonal norms, along with a gas pressure failure at a processing plant in Norway, caused gas prices to increase throughout last week. Strong wind levels on Monday provided the grid with 22% of its electricity requirements though, unfortunately, this wasn’t enough to prevent electricity prices from tracking gas upwards. Read More...
  • putting an end to the plummeting prices of the last couple of weeks for gas and electricity. In addition, despite milder temperatures, gas prices increased this week owing to low wind levels calling for more gas-fueled generation. Electricity followed gas upwards at the start of the week, but strengthened with the improved wind output mid-week. Read More...
  • 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. Read More...

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