Gas demand drops with warm weather

Gas demand in the UK fell “sharply” this morning on the back of warmer temperatures. There’s been a 15% fall since yesterday which is “quite a big drop” according to Gary Hornby, Energy Market Analyst at Inenco. He told ELN: “The LDZ – which is residential demand – dropped, that’s probably people and small businesses […]

Low temperatures last week reduced gas storage levels

The UK saw “strong withdrawal” from gas storage facilities last week due to the fall in temperatures – leaving them only 27% full. The statistics from npower’s weekly market report is in contrast to storage being 43% full at the same time last year. However, Magali Hodgson (pictured), Optimisation Desk Manager at the energy firm […]