Over the past three weeks we have seen a fall in the electricity and gas wholesale markets to levels not seen since the spring of 2007. 

For a fifth month running, the electricity wholesale prices have remained steady, hovering between the 4p/kWh and 5p/kWh level with no immediate sign of any drastic increases, resulting in some much wanted stability in the market.

With short rises and falls in the markets of late, we’re happily back down to a point reminiscent of 2007, with the memory of 2008 firmly behind us and a harsh lesson learnt; nothing can be taken for granted in the energy market!  The bulk of our clients benefitted from our market knowledge over the dark days of 2008, with many contracts being keenly negotiated or extended to off-set the inflated markets.

We have seen several small rises in the market over the last fortnight - a large factor in this is the many power stations that have been offline, which always has a negative impact on prices.

Markets have overall remained relatively steady for the past fortnight - a few climbs followed by a few drops have been seen, but there have been no major surprises.

A long term client of Clifford Talbot Partnership recently gained significant financial advantage from our procurement process.

Following the low markets we’ve been enjoying, we’ve seen a slight increase at the start of April. Although equating to around 20% higher than the lowest point of 2009, this year has still seen excellent market conditions and are lower than at any point over 2008.