Weather Swaps

The UK Met Office has today indicated that the UK will see much milder temperatures this winter than seen in the last 2 winters previously.

Due to a healthy gas supply picture throughout the UK and announcements that, the UK will likely turn to coal fired generation throughout the winter we can expect much lower energy prices than in the previous 2 winters.

Even if we do encounter a cold snap throughout the UK it is not expected to adversely affect UK gas and power prices.