Friday Energy Update 8/12/23

Very similar trend over the last 7 days due to steadfast supplies. In the one or two instances where the market has fluctuated due to storage withdrawals - plentiful import has followed suit. The system over the last few days has actually been over-supplied pushing the market down.

Otherwise. As part of a new security plan to help protect infrastructure in the Baltic Sea, 10 European countries have offered military vessels and aircraft to safeguard the Nordstream & Baltic connector pipelines. This is amid concern of further damage to gas, electricity & telecommunications. Security of supply – which also assists the market.

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We are currently saving our clients, up to 60% on their utility bills. Please feel free to contact our Business Efficiency Team, on 01273 424904. So, we can provide you with recommendations around reducing your energy costs.

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