.jpg)
.jpg)
With energy prices constantly fluctuating, care home owners must stay ahead of potential increases. Right now, four major factors could push prices up, making it crucial to take control of your energy bills. By signing up for our Energy Saving Tracker, you can stay informed and take proactive steps to manage your energy costs effectively.
1. Norwegian Maintenance Disruptions (Spring 2025)
Norway is one of the UK’s largest suppliers of gas, and upcoming maintenance in April and May will reduce operations at key facilities, including the Aasta Hansteen field and the Nyhamna processing facility. This will limit the supply of gas through the Langeled interconnector, causing market fluctuations. While the impact has been minor so far, any increase in demand due to weather changes could lead to more severe price rises.
📌 Market Update: Natural gas prices at the UK’s National Balancing Point (NBP) edged higher last Thursday as traders anticipated the impact of this reduced supply. More than 80 million cubic meters per day (mcm/d) of gas will be offline starting April 2nd, with further reductions expected in May.
2. Trump’s Tariffs on UK Energy Imports (Summer 2025)
The impact of Trumps Tariffs on the UK might not be felt straight away in regard to energy however prices could still be affected. Although Energy isn’t included in the tariffs as a commodity our economy is intertwined with international markets, it is vulnerable to global instability. If sterling loses value against the dollar it would make it harder for us to buy energy. It may have an effect on our import volume from the US and a potential change globally as to where they distribute to.
3. Russia-Ukraine Conflict & Market Volatility (Anytime)
Peace talks between Russia and Ukraine are now projected to extend into 2026. The ongoing uncertainty keeps risk premiums high in global energy markets, meaning any disruption could immediately push prices higher. With no clear resolution in sight, care home owners must remain prepared for potential market shocks.
4. EU Gas Storage Challenges (Summer/Winter 2025)
As of March 31st, EU gas storage facilities were only 33.59% full, nearly 25 percentage points lower than last year. A harsh winter with lower renewable energy generation has depleted reserves, and the halt of Russian pipeline flows via Ukraine since December has further tightened supply. The EU must now work to reach its mandated target of 90% fullness by November 1st, but doing so may increase demand and drive prices up.
Being proactive is key. Energy markets are volatile, but by talking to us today, we can look at the market and get you a cheaper deal before these threats potentially take effect.
🔹 Identify opportunities to cut costs before price hikes hit.
🔹 Gain expert advice on energy efficiency and purchasing strategies.
With so many uncertainties ahead, care home owners must take action now to safeguard their budgets. Sign up for our Energy Saving Tracker today and stay one step ahead of rising energy prices.
📩 Contact us today on 01273 424904 to learn more and start saving!
.png){kind=small}
