Resonance Podcasts

UK gas prices 11 times higher

August 31, 2022 Jeremy Nicholson, Jason Durden
Resonance Podcasts
UK gas prices 11 times higher
Show Notes

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?