Resolve Energy News

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Resolve Energy was founded in 2011 by a board of directors with more than 30 years’ experience behind them in the sector. The vision is to provide our clients with the very best service, empowering them with the knowledge and support to get the best possible deals tailored for their individual business energy needs.

Low energy demand has lowered prices in the UK

Low energy demand has lowered prices in the UK

Wholesale power prices in the UK have declined over the first half of 2023. This becomes even more apparent in the second quarter of the year. These lower prices have come from lower demand and falling gas prices. Reports have shown that UK demand reached its lowest point since 2020. Recent energy data has shown that energy demand in the second quarter of the year was only 5% higher than in 2020...

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Small businesses and  energy market regulations

Small businesses and energy market regulations

Convivence stores around the UK have urged better energy market regulations to protect their business’ future. The UK's energy market has been increasingly unpredictable over the past few years, with an unprecedented peak in the energy crisis experienced in 2022. This period of instability had a devastating effect on smaller businesses across the country, with many having to...

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Ofgem warns suppliers about profits

Ofgem warns suppliers about profits

Energy suppliers have started to see profits return since the energy rises began. Ofgem has warned suppliers to use these profits to ensure their own stability within a volatile energy market. This comes as the beginning of the energy crisis for the UK began when over 20 suppliers went broke between 2021 and 2022. This created a lot of issues for consumers as the cost of this was pushed onto them...

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Energy prices to rise with no back up coal

Energy prices to rise with no back up coal

Although the majority of the UK’s electricity now comes from renewable generation, it is always best to have a backup as these are not the most reliable form of energy generation. Last winter the UK was able to keep the energy market stable due to having four coal-fired generators if they were needed. Last week the national grid confirmed that there is no way that they can keep any backup...

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The UK faces a lack of energy threat.

The UK faces a lack of energy threat.

The North Sea currently provides gas to the UK however, there is a chance of this being stopped. This would leave Britain to rely on expensive gas imports. Labour has talked about wanting to ban new oil and gas exploration in the North Sea. Energy bosses have warned that not having any new oil and gas from the north sea would threaten the UK’s energy security and leave people to deal with...

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Rising temperatures lead to more coal being used

Rising temperatures lead to more coal being used

With June temps being so high, the national grid has had to ask for coal-fired power plants to be turned back on to meet a higher demand. In Summer the electricity demand often rises as there becomes more of a demand for aircon in homes and businesses. This leads the grid to need more backup from coal power plants to make sure that supplies don’t fall short. Renewable energy can be unpredictable...

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