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What’s going on with energy prices? And how can businesses protect themselves?

Energy market prices are at a record high, presenting a major risk to corporate bottom lines. Alex Biggerstaff, Risk Manager at BiU explains what’s going on and offers some tips for trading in this volatile market. What’s causing energy prices to rise? Around 50% of our electricity comes from gas-fired power stations, so the gas shortage is hitting the market hard. The reasons behind the supply issues are complex: wind… Read More »What’s going on with energy prices? And how can businesses protect themselves?

Seeing double ISOs for BiU

Seeing double ISOs for BiU

  • BiU News

This year sees BiU, commercial energy consultant based on the Fylde Coast, reach double ISO success for quality management through ISO 9001, and environmental management with ISO 14001.

Energy price spikes jeopardises the bottom line

Energy price spikes jeopardise the bottom line – time to protect against market volatility

This week wholesale energy prices hit a record high, going over £100 per megawatt hour of energy. If you’re a UK business, energy market volatility has serious consequences for your bottom line. Most high-volume corporate energy users without a robust energy strategy are now facing a 30% increase in energy costs.