Gas markets are sharply down this morning!

TTF is taking a firm shellacking (word of the day candidate) today so far! Yesterday’s move below the trend channel has followed through strongly, with Winter TTF trading around €68.20/MWh as I write. €70 was a major downside target, so the market has reached that level—and then carried straight on without stopping to say hello….

Energy Buyers Beware!

Looking ahead to the proposed regulation of the Energy advisory / TPI sector by OFGEM, here is an example of why it needs to happen soon to protect UK businesses from being severely ripped off by certain players in the market. Small gas consumer, 1GWh of consumption per annum. The broker claimed ‘we get our…

Is it a risk strategy—or are you just rolling the dice?

In the wrong hands, flexible energy purchasing can simply be unmanaged risk with a more impressive name. Over recent months, engaging with different market participants, it has become apparent that some TPIs have encouraged traditionally fixed-price customers to adopt flexible purchasing strategies—without necessarily having the experience, capability or governance to manage the risk accepted. Moving…

After 25 years in energy markets, I’ve become very confident about one thing:

Anyone who tells you they know exactly where prices are heading probably doesn’t. Markets have an inconvenient habit of embarrassing certainty. That doesn’t mean businesses should simply cross their fingers and hope for the best. It means procurement decisions should be based on risk appetite, budget requirements and a clear strategy—not somebody’s heroic attempt to…

Your negotiating position is usually strongest before the renewal deadline starts doing the negotiating for you.

Leaving energy procurement too late can reduce supplier choice, limit time to challenge contract terms and turn a commercial decision into an administrative rush. Starting early does not mean buying immediately. It means understanding the market, testing supplier appetite and being ready to act when the price and contract structure meet your objectives. If your…

More supplier quotes do not necessarily mean better energy procurement.

A long comparison table can look reassuring, but value comes from the quality and independence of the process—not simply the number of prices collected. Before going to market, the important work includes: • Validating consumption data• Choosing the right contract structure• Setting clear commercial requirements• Selecting suppliers suited to the business• Comparing every offer on…