After a few weeks of cautious optimism, yesterday’s Nord Stream 2 news has once again demonstrated that we will have significant price hikes this winter.

News from PowerPartners

After a few weeks of cautious optimism, yesterday’s Nord Stream 2 news has once again demonstrated that we will have significant price hikes this winter.

We will see if the market settles following the news in the next few days, but with cooler temperatures and lower wind generation, expect continued volatility.

If these prices continue to rise then we could see the price cap on standard and variable tariffs increasing also.

Wholesale gas was worth 240p per therm yesterday, a huge difference from the 60p per therm worth back in January.

November 18, 2021, 12:24 pm

Get in touch

For further information please contact us on the details below, or fill in the form and one of our Partnership Executives will be in touch.

Contact details

Send an enquiry