Where is the price of energy going?

The cost of oil and gas is volatile and notoriously difficult to predict over the short-term. Some individuals have ideas on where trends are going and we provide a variety of contract lengths to accommodate this. It is certain that the demand for energy will increase significantly for the emerging economies (BRICs – Brazil, Russia, India & China), and increased demand with fixed capacity results in increased wholesale costs. Moreover, significant investment required in national grid and gas networks, as well as environmental taxes and subsidising the green economy to hit CO2 targets affect the retail prices of energy. Therefore, our position is that the price of energy will continue to increase and that it is safer to lock in a price.

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