Winter temperatures continue to drive short-term energy prices

Seasonal temperatures remain the most important driver behind the short-term evolution of gas and electricity prices, one of the most recent market reports published on the matter have revealed.

According to Ben Spry, Optimisation Desk Manager at npower, the latest temperature forecast shows the UK should remain “in and around seasonal norms for the next week or so”, but prices will also be influenced by some other factors, such as the pound gaining ground against the Euro.

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