National Grid have just released their Winter Outlook for 2022/23 and they admit a possibility that in cold weather we might not have enough gas and power stations would have to be cut off. This in turn could lead to black outs.
Over the last decade spot gas prices in the UK (NBP) and the Netherlands (TTF) have been almost identical. However, with the recent drive to move away from dependence on Russian gas, these prices have diverged significantly, and UK prices have fallen dramatically.....
After weeks of rumours, Russia has finally invaded Ukraine. Regardless of the “success” of this military incursion, we suspect that in the long run Russia may well regret this action [...]
Over the last year and a half, gas prices in the UK have been on an unprecedented roller coaster ride, going from a low of 9p/therm in May 2020 to almost 280p/therm in October this year.[...]