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'

Energy Contracts and Prices

Keep up-to-date with the latest news on energy contracts and prices with updates from the GrowSave team.

 

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    Chris

    Gas prices fell considerably at the beginning of last week due to seasonal demands being so much lower than forecasts. Lessons learned from last years ‘Beast from the East’ have caused stocks to be oversupplied, just in case we’re hit with such cold temperatures again this year. More
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    Oli

    Last week's demand was around 15% lower than expected at this time of year, due to mild temperatures causing gas prices to decrease. Temperatures fell towards the end of the week to around -3°C, causing demand to creep back up above seasonal norms. More
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    Chris

    A combination of low wind generation and colder temperatures created a higher demand for gas last week. Alongside sharp rises in coal and carbon prices, these factors have created increases across the board with both gas and electricity prices moving steeply upwards. More
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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. More
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    Chris

    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. More
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    Chris

    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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