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September was steady overall but never dull. Norwegian gas maintenance eased by month-end, storage stayed high, and a windy spell briefly crashed UK day-ahead power below £30/MWh. Forward contracts hardly moved, a reminder that calm averages can disguise sharp intraday swings. With autumn underway, weather, wind and supply flows will set the tone, and planning ahead still pays.
August’s energy markets were relatively steady, with strong European gas storage, consistent LNG arrivals, and increased wind generation helping to balance supply. Norwegian maintenance kept a cautious undertone, reminding SMEs that prices can still move quickly. Planning ahead remains essential for managing energy costs and securing budget certainty.
Rising energy costs have become a major challenge for UK businesses, with bills still around 70% higher than pre-2022 levels. From global conflicts to supply chain pressures, prices remain volatile and unpredictable. In this blog, we explore why costs have risen, what this means for businesses, and the strategies you can use to protect your bottom line.
