Manor Royal BID partnership with Eden Utilities, a leading energy consultancy firm that provides a wide range of energy services to commercial and industrial organisations.
The joint aim is to make Manor Royal Business District a more sustainable place and help businesses manage their energy costs and reduce consumption.
As Europe braces for winter, energy markets face growing uncertainty driven by weather patterns and geopolitical tensions, potentially leading to higher energy prices.
Meteorologists are closely monitoring a possible shift from El Niño to La Niña, which could result in colder-than-average temperatures across Europe, during Winter. Such a shift would increase heating demand, putting additional strain on energy supplies that are already under pressure.
On the geopolitical front, the ongoing Ukraine-Russia conflict could escalate further, potentially halting Russian pipeline gas deliveries to Europe, which still account for 6% of supply. The conflict continues to challenge energy security across the region.
Simultaneously, rising tensions between Iran and Israel heighten the risk of a broader Middle Eastern conflict. Such a scenario could disrupt LNG exports from the Persian Gulf, a critical supplier to Europe, exacerbating supply concerns.
These factors combined underscore the volatility in the gas market heading into winter, urging businesses and households to prepare for potential price increases. Energy experts recommend considering fixed-rate contracts and energy efficiency measures to mitigate the impact of rising costs.
Please get in touch for any advice as we want you to be protected before it’s too late.
