Why does the UK pay more for for gas and electricity?
UK vs Europe Energy Prices: Why Are British Bills So Expensive? The UK often ends up paying more for gas and electricity than many European countries, and it’s not down to a single cause, it’s a mix of market structure, policy choices, and infrastructure realities. Here’s what’s really going on: 1. Heavy reliance on gas […]
Are all electricity prices equal?
This week one of my new clients, taking care of a UK Trust Fund and part of a board was looking for the best deal for their electricity supply. The Fund simply wanted to ensure they were getting a good deal for their tenants. Firstly, on verifying usage and meter details for the Trust Fund […]
Power Companies hindering move to green energy – Climate Change
New research suggests that power companies are dragging their feet when it comes to embracing green energy sources such as wind and solar. Only one in 10 energy suppliers globally has prioritised renewables over fossil fuels, this study finds. Even those that are spending on greener energy are continuing to invest in carbon heavy coal […]
Rise of Non-Commodity/Third Party Costs
British Gas released their quarterly report, with an update of exactly what goes into the prices suppliers charge. During the second quarter of 2020 the UK economy experienced the full impact of the coronavirus lockdown. In the energy market, the lockdown has resulted in a significant decline in energy demand and a fall in wholesale […]
Energy Market Review – June 2020
Overview Oil prices have started to increase from the plunge they took last month, reaching 18-year lows as the pandemic crippled the global demand for oil and countries came to a halt due to imposed lockdown measures. As the measures are lifted, the demand for oil is starting to increase, along with oil prices. However, in comparison to […]