By Anthony Ainsworth, COO at npower Business Solutions
It is perhaps an understatement to say that the past few months have been volatile in the energy market. As a result, there has never been a more pressing time to understand how the energy we use is generated, traded and supplied to help you make an informed decision about your energy strategy.
However, we know that this is not as easy as it sounds. The energy market can be difficult to navigate, particularly as it can change on a daily basis. Combine these things with the headlines we’ve seen recently, and it can seem like a very confusing place, particularly if you’re trying to make an informed decision about your energy strategy.
That is why we have launched a series of reports, which are designed to provide a straight-forward explanation of all the key aspects of energy that will help you become more informed about the power and gas your organisation consumes..
In the first of these free-to-access ‘Understanding the UK Energy Market’ reports we focus on commodity costs.
In part one we look at UK supply – how this has changed and what sources contribute to our energy generation mix today. And crucially, how this impacts the cost. We cover areas including:
- The changing mix of energy generation in the UK
- The shift from coal to gas
- The rise of renewable generation
- The role of low-carbon nuclear
- The move from energy self-sufficiency to import dependency
- The growing supply from interconnectors
In part two, we take a closer look at what drives the market – and how this could potentially impact prices going forward. In this report, we explore:
- Energy market drivers
- The UK’s growing reliance on gas imports
- The impact of depleted gas storage facilities
- Widespread supply pressures
- European dependence on Russian supplies
- Whether we are seeing an end to Dutch gas supplies
- Accelerating demand from Asia
- What next for consumers?
We hope you find them useful!