Latest News

Gas prices rebound as demand goes up

Gas prices rebounded slightly on Thursday as the current cold snap started eating into storage levels. The biggest moves were posted across the near-curve, where...

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Ofgem opens investigation into business energy supplier

Energy regulator Ofgem has today announced that they are going to investigate Maxen Power Supply Ltd for the fair treatment of its microbusiness customers, including...

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Gas prices continue to head down amid strong gas supplies

Gas prices continued to head down on Wednesday, amid steadfast supplies and a weakening carbon market. The biggest losses were posted across the prompt and near-curve...

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Market stays strong despite freezing temperatures

Gas prices continued to decline on Tuesday, pressured by robust supply fundamentals despite freezing temperatures. The vast majority of contracts saw a continuation of...

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Sharp increase in LNG supply offsets higher demand for gas

A sharp increase in LNG supply helped to offset unseasonably high demand for gas on Monday as the cold weather front moves in. Contracts across the curve continued their...

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Virgin Atlantic becomes first transatlantic flight to use 100% green fuels

The first transatlantic flight by a large passenger plane powered only by alternative fuels will take off at 11.30am today from London’s Heathrow to New...

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Octopus Energy invests in offshore wind farm

Octopus Energy’s generation arm has acquired a 12.5% stake in the Walney Extension offshore wind farm in the Irish Sea. With a capacity of 660MW, the wind farm is one...

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Prices drift lower despite forecast of cold weather

Gas prices drifted lower on Friday despite forecasts of freezing temperatures over the next fortnight. Small losses were posted across the majority of the curve with the...

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Gas prices increase as cold weather increases demand

Forecasts of cooler weather combined with bullish carbon futures put pressure on natural gas prices on Thursday. The biggest gains were posted on prompt and near-curve...

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Ofgem confirm that energy price cap will rise in January 2024

Ofgem have today (23/11/2023) confirmed that household energy prices will rise this coming January, putting more financial pressure on billpayers at the coldest time of...

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Unfortunately, business electricity and business gas customers in the UK are bombarded with unsolicited cold calls on a daily basis.

This unscrupulous approach does not offer the business energy customer an impartial view on the market and the price offered is more often 20-30% above the current retail price for electricity or gas.

At Energy Advice Line we strongly advise customers to not accept these offers and follow our simple steps to ensure that they are not locked into an uncompetitive contract.

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