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Wholesale Energy Prices Update 18/1/2019

With the arrival of winter proper last week, the markets saw a significant rebound. This was helped further by oil’s recovery as traders finally took OPEC at its word re the production cuts, although continual increases in US volumes tempered this. The wintry weather reached Europe and there was heavy snow across The Alps. However,…

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How to Choose a Water Supplier for Your Business

Non-household water users such as businesses, charities and public sector organisations with business premises in England can choose their water supplier, no matter how much they use. The open energy market is still relatively new. The non-domestic retail market in England only opened up in April 2017 and awareness still holds potential switchers back. Research…

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opec production cuts affect the market

Wholesale Energy Prices Update 11/1/2019

It was a week of mixed fortunes in the markets. It became evident that indeed OPEC had cut supplies, with Saudi Arabia and Russia slashing their exports, and in response oil bounced back significantly. Better news re the China-US trade stand-off added to this rebound, although it was tempered by ongoing general concerns over a…

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What Can Your Business Do For Big Energy Saving Week

Next week (21 January) is Big Energy Saving Week – a chance for UK energy users to get advice and support on how to waste less and make big savings on gas and electricity bills. Each year, the Department of Business, Energy and Industrial Strategy and Citizens Advice join forces to reach more people. The…

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Edinburgh Premier Inn is UK’s First Battery-Powered Hotel

The Gyle Premier Inn in Edinburgh claims to be the first hotel in the country to run on battery power, after announcing the installation of a five-tonne battery on site. The new arrival checks in with 100kw of storage space. It will charge up during off-peak hours electricity is slightly cheaper and discharge through the…

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Wholesale Energy Prices Update 4/1/2019

Once again, the market saw a quieter (and shorter) week, with the majority of the energy complex barely moving. This was despite oil’s sharp recovery, instigated by signs that Saudi Arabia reduced exports in December, appearing to reinforce OPEC’s announced cuts. We still look to be heading toward a possible global slowdown, considering the ongoing…

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how to make your hotel more energy efficient

How do you make a hotel energy efficient?

If you run a hotel of any size and scale, you will know that energy bills are a key expense, and of course that is especially true in the winter months. So at UHL we have come up with a few energy saving ideas for you to take with you into 2019, to take the…

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workplace energy saving ideas

Employee Engagement in Energy Saving

Winter is upon us and thoughts are naturally turning to the rising costs of energy at this time of year, and the need to keep business premises warm through the coming months.  Much research has taken place into strategies for combatting these rising costs and at UHL we are keen to keep abreast of all…

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Brexit issues affect energy prices

Wholesale Energy Market Update 7/12/2018

Last week, the markets saw a continuation of minimal overall movement whilst traders again tried to absorb events. There was an eventual OPEC agreement to cut output by 1.2 million barrels per day in the short term, after a tricky meeting that saw Iran secure an exemption and Russia and Saudi Arabia commit to reducing…

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Wholesale Energy Market Update 30/11/2018

In the UK, cooler weather saw demand rise and despite healthy supplies and high wind output, the system was slightly undersupplied. The colder British weather sparked an increase in demand, resulting in the system being under-supplied (although only marginally). This was surprising considering good supplies and wind output. There were continued arrivals of LNG to…

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