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Monthly Archives: January 2011

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Rising Business Gas Prices:

admin January 19, 2011

The colder weather forecasted for this week and the rise of oil prices, are forcing UK gas prices to go up. But strong supply from the continent and steady LNG gas imports kept a cap on gains. Surprisingly on Monday, gas demand forecasts were 6 percent lower than seasonal levels. Last week demand had been 10 percent lower year on year, according to National Grid data.

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Energy Market Report Jan11:

admin January 10, 2011

It will come as no surprise that the major cold weather has heavily influenced prices on both the gas and power markets over the course of the last month. The increase in demand was so severe that it forced the first emergency gas balancing alert by National Grid this winter. Despite this cold snap and record demand levels the overall system coped reasonably well and better than expected.

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