Resolve Energy News

Read the latest news to find out more information about the sector.

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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.

What has driven the energy market in the past few months?

What has driven the energy market in the past few months?

Over the past few months, there has been a lot of volatility in the market. This has mainly been due to Russia reducing their gas supply to the EU and now the availability of French Nuclear power this winter is low and making things even more uncertain. As of now, prices for Winter are expected to reach £340/MWh but a lot has happened over the past few months that has gotten us to that point:...

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Top energy efficiency practices for your business

Top energy efficiency practices for your business

Many businesses say that the cost of energy is often a barrier to their business growth and success. This is becoming an issue for even more businesses now more than ever as the energy market sees some of the highest prices we have ever seen. We want to help our customers save money on their energy bills by sharing some of our best energy-saving tips. As a business, you may be wondering why your business...

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Energy companies have reported substantial profits over the past year

Energy companies have reported substantial profits over the past year

Oil companies such as Shell have reported an increase in profits over the past year, amid the energy prices for consumers rapidly rising. The $11.5 billion profit has reignited the call for a windfall tax for companies such as Shell. One tax would relieve the burden on struggling families during the worst cost of living crisis that has been seen in a long time. The average household is estimated...

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Russia has made deeper supply cuts causing European gas prices to rise

Russia has made deeper supply cuts causing European gas prices to rise

Gas prices jumped massively on the 27th of July as Russia further reduced supplies to the EU by a further 20%. This led prices to surge across the continent by around 30% as they are now only seeing 20% of their usual capacity from the Nord Stream 1 pipeline. In June Russia initially cut supplies to 40% capacity before making further cuts this month. The cut was initially due to maintenance issues...

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The US has become the world’s largest LNG exporter

The US has become the world’s largest LNG exporter

The US has become the world’s largest LNG exporter in 2022. According to research LNG exports have increased by 12% between January and June compared to levels in 2021. The average amount of gas being exported each day has reached 11.2 billion cubic feet. The rise in LNG being exported from the US has mostly come from increased global demand for LNG and a price rise in global markets. Particularly...

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UK’s biggest natural gas storage facility set to reopen

UK’s biggest natural gas storage facility set to reopen

The UK government has given the go-ahead for the reopening of the biggest natural gas storage facility that the country has. Centrica, British gas owners applied to reopen the facility. The north sea energy regulator has given this licence allowing the supplier to move forward to get all the permissions they need to restart operations. This facility was innately closed by Centrica back...

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