High power prices are expected to continue into winter following a record-breaking third quarter in the UK. Wholesale power prices started the quarter high at £31.37/MWh, but continued to grow passing the £50.00/MWh milestone on 13 September before finishing the quarter at £72.01/MWh, according to analysis from EnAppSys. Day-ahead wholesale prices averaged at £126.14/MWh, up 69% from the previous record of £74.85/MWh set in just the previous quarter.
Current 22nd Oct 2021 read more »
Small businesses could force staff to work from home to save on energy bills. Companies consider closing offices during winter to save money on rocketing gas prices, according to survey.
Telegraph 25th Oct 2021 read more »
Research from Smart Energy GB, a smart meter company, found that 30 per cent of firms had considered temporarily closing their offices. “Small businesses are the beating heart of the British economy but it is clear concerns about energy use are affecting how many will continue to operate this winter,” said Iagan MacNeil, Smart Energy GB’s head of policy.
Times 25th Oct 2021 read more »