18 Jul Has stable pricing deserted us for ever?
The recent movements in forward electricity baseload pricing including the May and July camel humps illustrate only too well that energy markets remain volatile and any vision of the future is probably a mirage.
Fine weather should bring more solar energy but the prolonged high over the UK reduces wind generation while at the same time more and more air conditioners are turned on thereby increasing demand. Other factors include the oil price which is affected by political uncertainty and unplanned outages at nuclear plants.
Risk management is key in these times, so contact ESS for advice on how to navigate these financial quicksands.