There’s an energy crisis in the UK with several contributing factors. We see some similarities to what’s happening right now with electricity and gas prices in Texas and the United States. Why are prices rising and when will it end? Here’s what you need to know.
It’s been over a decade since we’ve seen this much volatility in the energy market. Historically, what goes up must also come down. How much pain can you afford in the near-term and how will you mitigate risk in the current market?
During the recent winter storm disaster, more than 40 percent of Texas’ power generation went offline, causing rolling blackouts and a sustained real-time energy cost of $9 per kWh. The combination of four days of freezing weather and non-performing power generation assets highlighted major problems and risks in the Texas energy market. As developments continue…
If gasoline prices and rising inflation haven’t already hit your bottom line, a full doubling of your electricity bills most certainly will. How much pain can you afford?