Report
09 Jan 2025
Stay informed on the latest trends, news, and forecasts in the UK energy market with valuable insights from our energy market specialists. Understand the developments in November and the forward looking trends, so you can enhance your energy procurement strategy and make decisions with confidence.
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.
December delivered a notably bullish outcome, marked by a significant uptick in volatility. Key drivers included weather, concerns around the European supply constraints, inconsistent renewables generation, and geopolitical events. Whilst December started out bearish, a quick rebound for both gas and power from 16 December, negated any previous price savings.
To stay up to date with the day-to-day happenings in the energy market, check out our daily market watch report.
Whilst December started out bearish, this led markets to a false pretense, with a quick rebound for both gas and power, negating any previous price savings.
Callum Taylor
Energy Market Analyst
Zenergi
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