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Energy Market Update – November 2024
October Recap In October, gas and electricity prices saw a continued rise from September, then plateaued, before spiking towards the end of the month. The main factors driving these increases were significant developments in the conflicts in Ukraine and the Middle East. In Israel, military action intensified as troops moved into Lebanon to expel Hezbollah…
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Energy Market Update – October 2024
September Recap Contrary to the last update written a few days before month close, a late surge in wind generation saw our turbines beat gas to the final post for the top generator, albeit it was close. September typically marks the second round of Norwegian maintenance. After a somewhat turbulent 2023 maintenance window, the markets…
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Energy Market Update – September 2024
August Recap: August represented a solid month for the fundamentals in the market. Despite the beginning of intense Norwegian gas maintenance at the end of the month, gas supply was healthy throughout the month with little demand, meaning large volumes of surplus gas were redirected into storage. This represented a ~5,000GWh increase on last year’s…
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Energy Bill Discount Scheme – how will growers benefit?
In September 2022 the government introduced the Energy Bill Relief Scheme (EBRS), which enabled business to access support for energy bills when costs raised above threshold amounts for winter 2023 purchases. This scheme, which allowed many businesses to continue trading during the period of highest energy costs, came to an end on the 31st March…
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What costs will you find on your electricity bill?
A look at the main types of cost you will find on your electricity bill, what they are and how they are billed.
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How to measure energy
Find out the common units of measurement and how oils and bulk fuels, gas, heat and electricity are measured in order to evaluate and compare costs and assess how efficiently it’s being used.
