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How Cold Weather Affects Business Energy Prices

The cold is back. After a bright and mild autumn, winter has blown back with a bang. Temperatures dipped below 0°C this weekend as the clocks went backwards – making British evenings even darker. With memories of February’s Beast from the East still fresh in the memory, most will be dreading another cold blast this…

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Wholesale Energy Prices Update 19/10/2018

Last week brought more price falls to the energy market, although these pulled up short on Friday with news of an incoming cold snap. Many different price signals fought to be heard throughout the week. Various Brexit announcements pulled markets in different ways, warm weather eased demand, the pound fluctuated and carbon prices fell sharply….

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7 Reasons Your Small Business Should Use an Energy Broker

Small businesses can get stiffed in the business energy market. A broker will help fight your corner and find you the best deal. But there are lots of other advantages of using a broker as well. Here are seven reasons you should consider a broker next time you switch. Switch for success Just like with…

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Wholesale Energy Prices Update 12/10/2018

Wholesale energy prices fell sharply last week as markets cooled down. Warm weather across much of Europe, carbon prices retreating from recent highs and a stronger pound all contributed to the downward correction. European storage levels, which have worried insiders for much of the summer, have reached volumes similar to this point last year. But…

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mild autumn affects energy prices

Wholesale Energy Prices Update 05/10/18

There was continuing market uncertainty last week as traders fumbled for clear direction signals. Oil’s volatility remained and traders were unsure whether the decreasing supply (mainly from Iran and Venezuela) could be counter-balanced by Russian and Saudi supplies. Further concerns were over the ongoing US trade war with China and how that could affect demand….

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Wholesale Energy Prices Update 28/09/18

After steep price gains the week before, more volatility last week brought equally about sharp falls. Global factors continue to play a leading role in the price drama. Oil surged over the week as US sanctions hit Iran’s output harder than expected and no countries made up the shortfall. But other factors counteracted this upward…

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Ofwat wants powers to prevent ‘worst ever’ broker tactics

Ofwat has called for more regulatory powers over third party intermediaries (TPIs) to prevent the worst business practices and mis-selling becoming a part of the non-domestic water market when it deregulates later this year. The independent water market regulator said that more formal powers of regulation would be important if the organisation was to ensure…

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Wholesale Energy Prices Update14/09/18

The energy markets were highly volatile last week, with the energy complex moving around. Although oil was contained across a narrow price range and lacking in clear direction, Euro carbon prices crashed at the beginning of the week but then rebounded hugely by Friday. This, in turn, had a violent knock on effect on energy…

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Now Is the Time for Businesses to Lead on Climate Change

This year, the United Nations secretary general Antonio Guterres labelled climate change as “the most systemic threat to humankind.” Public opinion on the issue is sharpening and politicians are floundering in their response. In this setting, business leaders have an excellent opportunity to lead in the fight against global warming. Taking a stand and showing…

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Wholesale Energy Prices Update 07/09/18

Fresh concerns about the supply of energy this winter lead to more sharp price increases. Oil is still without direction as the supply concerns borne out of the United States sanctions on Iran are balanced against the lower demand for oil due to global trade disputes. The value of the Pound dropped again last week,…

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