UK electricity and natural gas prices tumbled in March, by 15% and 20% respectively. That’s according to the latest data from S&P Global Platts, which suggests milder conditions, longer days and a resuming of French power imports were the main reasons. The power price fell from £49.35/MWh in February to £42.02/MWh in March, with similar declines in the […]

Tata Steel has confirmed nearly 1,200 jobs will be lost in the UK. It made the announcement today as part of its restructuring plans and proposals to stop production of steel plate. The company confirmed it is cutting around 900 jobs in Scunthorpe in North Lincolnshire and 270 in Scotland. It comes “in response to […]

Short term gas prices in the UK were firmer today after an unplanned outage at a gas field in Norway, according to the daily market report. However this “bullish news” won’t stop the UK gas system balancing out today, said Tim Carter, Client Portfolio Manager at npower. The price of gas for next month and […]

Gas and power prices were volatile once again this morning, according to the daily market report from npower. The price of gas for delivery in February had “swings of nearly a penny” while the equivalent price for power jumped around 30 pence. Tim Carter, Client Portfolio Manager at npower’s Optimisation Desk said: “Front month gas […]

Hear about the latest trends in power prices from Magali Hodgson, npower’s Optimisation Desk Manager in this weekly market report.

Hear about the latest trends in power prices from Magali Hodgson, npower’s Optimisation Desk Manager in this weekly market report.