Stay informed on the latest trends, news, and forecasts in the UK energy market. Gain valuable insights from our energy market specialist regarding August’s developments. Enhance your energy procurement strategy and feel assured about your market positioning throughout September.

Whether you are navigating the complexities of a fixed price contract or exploring a more flexible energy arrangement, our team is here to support you. We offer expertise in continuously monitoring market conditions to provide valuable insights, empowering you to make well-informed decisions. Our tailored approach ensures your specific needs and risk appetites are met.

August saw considerable volatility across gas and power markets, with 12-month forward prices fluctuating by 2.70% and 3.95%, respectively (non-profiled wholesale rates). Daily price movements were driven by geopolitical tensions, weather patterns, and shifts in global energy supply and demand. In the UK, warmer-than-expected temperatures reduced demand, with wind generation helping to lower reliance on non-renewable sources.

To stay up to date with the day to day happenings in the energy market, check out our daily market watch report.