UK gas prices 11 times higher

Resonance Podcasts

Aug 31 2022 • 14 mins

In this week’s Resonance energy market podcast Jeremy Nicholson talks to Alfa’s Jason Durden about UK energy markets and pricing, as gas prices reached 11 times higher than a year ago.

Topics explored include:

  • The simple truth is there is too much demand and not enough supply.
  • Wholesale gas reaches levels 11 times higher and electricity 9 x higher than 12 months ago.
  • There’s a limit to what can be done on supplies.
  • Germany remarks that NS1 coming back in any meaningful way is a pipedream.
  • Will September see a relief to the vacuum of pricing over the holiday season?

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