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EnergyAce is a proud patron of National Energy Action (NEA) and has been for over 6 years, supporting the great work that it does across the UK in helping to eradicate fuel poverty from households.

Back on the 29th November we posted to support the NEA on Fuel Poverty Awareness Day, a national initiative with the goal of raising awareness of fuel poverty and the solutions that are available to help those in need.

The day itself was in the same week that it was revealed 23,200 extra people died in Winter 2018/2019, which has been described as a “badge of shame”.

The day also launched the Warm and Safe Homes Campaign, with the NEA continuing to raise awareness over the winter about the issue of fuel poverty and the solutions available.

As much as we wish that the day wasn’t needed in the first place, it was great to see the amount of support on social media for the NEA.

The results of the day generated fantastic exposure for the charity:

– 1108 posts on social media

– 539 individuals and organisations supporting on social media

– 5.2 million reach of social media messaging

– 46 online and print articles referencing fuel poverty awareness day

– 65 million potential reach from online and print media messaging

The results were double the previous years, with individuals and businesses pledging their support, however there is still a lot of work needed to put a stop to fuel poverty.

To talk about energy saving solutions, please call 01695 559785 or email post@energyace.co.uk

NEW YOUR WEEKLY ENERGY MARKET REPORT Welcome back to those who have been following our weekly report and welcome to all new visitors. To follow us and to read the detailed weekly report on energy intelligence click here

In this week’s market report we can see there has been a continuation of the effect of current global issues and the impact they are having on the market. There was a change in the weather with much milder weather forecasts leading to a lower gas demand than normal.

However, there has been higher wind generation levels recorded through Storm Ciara and Storm Dennis resulting in less pressure on the UK’s gas system to meet heating and gas demands. The expectation of a further 14 LNG cargoes reaching the UK by 15th March ensured a bearish picture for short-term contracts, filtering through to front seasonal prices.

An increase in the number of Coronavirus cases in South Korea and China led to a further fall in the prices of Brent Crude early on in Friday’s session. Commodity prices have seen a substantial hit over the past couple of weeks with oil prices seeing a 4% slide on demand concerns as the virus continues to spread.

Brent Crude prices had lifted to just below $60/bl after the US reported a smaller than anticipated stock build but these gains were quickly wiped out as the virus continues to spread with cases increasing around the world.

Please click here to read the rest of this weeks energy market report.

To discuss energy saving solutions and to find out more about how you can increase savings and reduce carbon emissions, please call 01695 559785 or email post@energyace.co.uk

NEW YOUR WEEKLY ENERGY MARKET REPORT To follow us and to read the detailed weekly report on energy intelligence click here

When looking at your energy bills, it is interesting to see how many different factors influence the total cost of your delivered energy. Topical subjects like coronavirus a seamingly unrelated global issue can have a significant effect on the rise and fall of market prices.

The UK has been on high alert in the past week with Storm Dennis approaching and increases in peak wind generation helped to cut demand from gas-fired means of generation in balancing the UK’s demand/supply quandary on Friday, ensuring a healthily supplied National Grid.

Temperature forecasts in the UK are set to increase meaning that the UK’s gas demand for heating purposes has come to halt. High winds persisted over the course of the weekend and are expected to last throughout the week.

Brent Crude Oil prices traded steadily on Friday, balancing predictions of impending OPEC-led supply cuts against concerns that the Coronavirus would continue to impact on Chinese and global demand for the commodity, with first quarter oil demand already confirmed to have fallen significantly year-on-year, according to the IEA.

Elsewhere, EUA Carbon prices continued to trade above the 24.30 mark added some bullish support across curve. The British Pound continued to trade above significant psychological levels against both the Euro and US Dollar, above €1.20 and $1.30 respectively.

Please click here to read the rest of this weeks energy market report.

To discuss energy saving solutions and to find out more about how you can increase savings and reduce carbon emissions, please call 01695 559785 or email post@energyace.co.uk

The cost of energy is expensive and it is increasing day by day. Energy costs are a significant proportion of most businesses’ outgoings, so it is essential to keep the costs under control and reduce them where possible, to maximise business growth and profitability in the future.

Almost all businesses in this country are leaking energy – studies by the Carbon Trust show that energy savings of up to 20% are possible for businesses meaning that there is not only a financial saving to be made but a chance to help the environment as well by reducing waste energy. Many business do not deliberately waste energy however significant savings can be made in almost every business. The key is for businesses to identify opportunities on making savings.