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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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Brexit transmission costs could drive up energy bills

Energy industry chiefs have published a letter warning the EU and the UK against putting trade barriers on imported gas and electricity. Signed by leaders from energy and business interest groups among others, the letter said that imposing extra costs on the use of cross-channel electricity cables and gas pipelines would push up costs for…

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Wholesale Energy Prices Update – 24/08/18

Energy prices continued their unstoppable rise last week, with oil joining in. Risk in the oil market re-appeared as a large fall in US storage volumes overcame the concerns about the possible US trade war with China. Traders also wait for OPEC’s response to the US sanctions on Iran, which start in November. Although holding…

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