Cold Euro weather pushed gas prices to six year high

Plunging temperatures across Europe pushed day-ahead gas prices to a six year high in early February, according to npower’s latest fortnightly market report. Magali Hodgson, npower’s Optimisation Desk Manager said: “The arrival of cold weather in the UK significantly increased gas demand, pushing it above 400mcm. Temperatures across the continent also plummeted, particularly in Eastern […]

Government greenlights Gloucestershire gas installation

The government today gave the go-ahead for a new gas installation at Tirley in Gloucestershire which is intended to boost UK energy security by allowing for more gas imports. National Grid’s new Gas Pressure Reduction Installation will be a vital part of a 316-kilometre pipeline transporting gas from Milford Haven liquefied natural gas terminals into […]