Volatile market conditions

…it’s even more important for client’s to review the market before they renew their contract.

“We are seeing as unique set of circumstances affecting the energy market. Oil prices have increased due to the instability in the Middle East. Historically electricity and oil prices are inextricably linked on the European market, an increase in one leads to rise in the other commodity.

Japan has lost a significant amount of its nuclear capacity as a consequence of the earth quake and tsunami that struck its coastline. Japan is turning to Liquid Petroleum Gas to generate the missing capacity it needs to recover; a fuel that Europe relies on to generate electricity.

The German nuclear sector has, as a precaution, shut down a number of its nuclear plants to review the cooling pumps used in the reactors. Both the German and Japanese plants are of the same generation. The reduced generation capacity has left a gap in the market causing further price pressure.”

What a customer said recently…

“We’d previously looked after our own electricity contract and its renewal. We had done a little homework before we invited Utilitrack to help us. We were delighted with the result.

Thank you very much for sorting [our renewal] – I am very pleased – could you be my accountant too and save me even more money!!”

R E Director – S T UK Ltd Stone Fabricators

 If you’d like me to help your business make sure it is getting best value please call me on 0845 604 1484

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