Consciously Uncoupling: Why Your "Renewable" Electricity Is Still Priced in Gas
Why UK electricity is still often priced by gas, how marginal pricing works, and what businesses can do while market reform crawls along.
UK Business Energy Prices Mid-April 2026: What the Spring Data Is Telling Us
UK business energy prices in April 2026 are sitting at a crossroads. Spring data is painting a nuanced picture — and if you’re an SME with a contract coming…
What to Expect from UK Energy Prices for the Rest of 2026
UK gas is trading at approximately 75–85p/therm as we enter the second quarter of 2026. Electricity forward contracts for summer delivery are pricing in the…
The Telnergy Review: UK Energy Markets Q1 2026
UK wholesale gas opened 2026 in the 75–85p/therm range. By mid-March, it is trading in a similar corridor, having briefly touched 95p/therm in late January…
Business Energy Contracts in 2026: What to Fix and What to Watch
Current fixed all-inclusive electricity contracts for standard SME profiles in Q1 2026 are pricing at 18–22p/kWh. Gas is at 7–10p/kWh equivalent. These are…
European Gas Storage 2026: The Picture Heading Into Spring
European underground gas storage sites held approximately 42% fill at the end of February 2026, below the five-year average for that date and at the lower…
North Sea 2026: Where We Are and What It Means for Gas Prices
UK continental shelf gas production has fallen from a peak of approximately 108 billion cubic metres per year in 1999 to under 35 billion cubic metres in…
UK Energy Supply Security in 2026: The Honest Assessment
The UK currently imports approximately 50–55% of its gas. Domestic North Sea production, which supplied the majority of UK demand as recently as 2005, has…
The Energy Market in 2026: How It Compares to the Crisis Years
UK wholesale gas averaged approximately 45p/therm in 2019. It averaged over 200p/therm across 2022. In January 2026, it is trading in the 75–90p/therm range…
If You Fixed a 3-Year Contract in 2022, You’re About to Renew: Here’s the Market
In the autumn of 2022, energy brokers across the UK were handling a volume of renewals unlike anything in the market’s history. Businesses that had…
Three Years After the Energy Crisis: What UK Business Energy Costs Look Like Now
In January 2022, a UK business renewing a standard gas contract was paying in the region of 300–400p/therm — six to eight times the pre-crisis norm…
Contracts for Difference Explained
When a supplier quotes you 18p/kWh for electricity, approximately half of that figure has nothing to do with the wholesale cost of the electrons. The UK’s…
What Drives UK Wholesale Electricity Prices — And What It Means for Your Business
UK businesses renewing energy contracts in the past three years have experienced something unfamiliar: wholesale electricity prices that moved in ways that…
Nord Stream: What the Pipeline’s Fate Tells Us About Europe’s Gas Dependency
The sabotage of the Nord Stream pipelines in September 2022 was one of the most consequential events in European energy infrastructure history. Three of the…
Ukraine’s Energy Infrastructure and European Gas Storage: The 2026 Picture
Ukraine possesses the largest underground gas storage (UGS) system in Europe and the third largest in the world, with a total working gas capacity of…
The Strait of Hormuz Risk Premium: What It Adds to Every UK Energy Contract
This is the fourth article in Telnergy’s geopolitical energy series. The first article covered what a Hormuz closure would cost UK SMEs directly. This…
What the North Sea Windfall Tax Actually Did to UK Energy Investment
By the government’s own estimates, the EPL raised approximately £9 billion over its first two years. The investment narrative was less prominent, less…
Red Sea Disruption and LNG: The Supply Chain Few Business Owners Are Watching
Most UK business owners weren’t watching this story. It was covered as a geopolitical and shipping logistics issue. The energy price implication — tighter…
Strait of Hormuz: What Closure Would Cost UK SMEs in Energy Bills
This isn’t a geopolitical thought experiment. It’s a live commercial risk that directly affects what you pay per unit of gas and electricity. Understanding…
The Interconnector: How the UK and European Energy Markets Are Linked
The UK sits at a crossroads of European energy infrastructure. Subsea interconnector pipelines and electricity cables link Britain to Belgium, the…
How Norwegian Gas Production Affects UK Energy Prices
Norway is the UK’s largest single source of imported gas. More than 20% of UK gas supply in recent years has arrived via subsea pipelines from Norwegian…
What Is LNG? Liquefied Natural Gas and Why It Matters for UK Business Energy
Before 2021, most UK businesses had never heard of liquefied natural gas. Since then, LNG has become one of the most consequential factors in what they pay…
Why the 2021 Supplier Collapse Still Matters to Your Next Contract
The largest single failure was Bulb Energy, which served approximately 1.7 million customers and required a government-backed Special Administration regime…
What Happens to Your Energy Bill When the Wind Doesn’t Blow
Business owners on fixed contracts didn’t notice. Their unit rate was locked. But businesses on flexible contracts, pass-through pricing, or out-of-contract…
Why UK Gas Prices Are Still Hostage to European Storage Levels
The short version: the UK gas market is physically connected to the European market via the Interconnector pipeline between Bacton in Norfolk and Zeebrugge…
Telnergy’s Wholesale Market Framework: How We Time Contract Renewals
This article sets out the framework we use — the specific data sources we watch, how we interpret them, and how they feed into the timing recommendation we…
What Is the TTF Gas Price and Why Does It Affect UK Bills?
For UK business owners, the TTF matters because the GB gas market — priced at the National Balancing Point (NBP) — is physically connected to the European…
What Is the National Balancing Point (NBP)?
Every business gas contract in the UK is priced — directly or indirectly — against the NBP. The unit rate on your contract reflects the NBP forward price at…
How UK Energy Prices Are Set: A Plain English Guide for SME Owners
UK wholesale gas prices are primarily set at the National Balancing Point (NBP) — a virtual trading location where gas buyers and sellers transact contracts…