Our blog

European gas prices dropped to a near 2-year low

Head of Sales Trading, Fanos Shiamishis, reports on energy market activity, covering the period 23rd May – 26th May 2023. On our end-of-day pricing tool, The Source, we published an in-week high of £136.36/MWh for the Winter-23 seasonal power price on 23rd May. In this blog, Fanos shares the market news and updates from the last week.

Last Tuesday, the front month was trading at the lowest price since June 2021, the Day ahead contract registered a small gain. Despite European gas inventories...

Read more

Brand Launch: What our Brand Ambassadors Have to Say About the Change

In the lead up to the brand launch, I’ve worked closely with the wider marketing team to select and engage with Brand Ambassadors following an initial employee ‘brand reveal’ session we held at the end of 2022 to introduce the new brand concept. Since then, Brand Ambassadors across our Group Companies have supported us with the rebrand project and have been championing the change. They’ve also been great at providing us with feedback that’s enhanced the project as a whole. So, to wrap up our...

Read more

Gas and power prices fall amid strong supply levels and low demand

Head of Sales Trading, Fanos Shiamishis, reports on energy market activity, covering the period 16th May – 23rd May 2023. On our end-of-day pricing tool, The Source, we published an in-week high of £142.00/MWh for the Winter-23 seasonal power price on 17th May. In this blog, Fanos shares the market news and updates from the last week. 

Last week, front-month TTF gas prices fell to a new 2-year low amid strong supply levels and seasonally expected low demand. Winter-23 UK Baseload power...

Read more

European gas prices sharply drop to almost a two year low

Head of Sales Trading, Fanos Shiamishis, reports on energy market activity, covering the period 9th May – 16th May 2023. On our end-of-day pricing tool, The Source, we published an in-week high of £151.75/MWh for the Winter-23 seasonal power price on 10th May. In this blog, Fanos shares the market news and updates from the last week. 

Last week higher demand for gas was expected amid low wind output. However, warmer weather promptly reversed the demand increase. UK gas system was short with...

Read more

Brand Launch: Our Vision for the Future

Our ‘Brand Launch’ series gives us the chance to present our vision for the future, being cognisant of our global brand working at local levels, in markets where the transition to net zero is not only at different stages, but also moving at different paces.  

In my mind, there’s no better way to outline our vision for the future than through words of our CEOs. So, I’ve gathered their thoughts for you, to give view of how we’ll be looking to support our different markets on their journey, while ...

Read more

Gas and power prices soften as temperatures rise

Head of Sales Trading, Fanos Shiamishis, reports on energy market activity, covering the period 25th April – 2^nd May 2023. On our end-of-day pricing tool, The Source, we published an in-week high of £153.75/MWh for the Winter-23 seasonal power price on 28th April. In this blog, Fanos shares the market news and updates from the last week.

Despite the cold weather supporting demand, front-month TTF gas continued to decline, closing below €40/MWh early last week. The UK power curve followed the...

Read more

Recent cool temperatures increase pressure as the UK moves into heating load territory

Head of Sales Trading, Fanos Shiamishis, reports on energy market activity, covering the period 18th April – 25th April 2023. On our end-of-day pricing tool, The Source, we published an in-week high of £157.75/MWh for the Winter-23 seasonal power price on 18th April. In this blog, Fanos shares the market news and updates from the last week.    

Early last week, both UK power and gas markets followed a sideways trend as supply balanced out demand. Prices were expected to increase due to cooler...

Read more

Brand Launch: The Inspiration Behind Our Logo

In a continuation of our ‘Brand Launch’ blog series, Hayley Thompson, VP Global Marketing, wanted to take the time to explain the inspiration behind our logo and that ‘ah ha’ moment when we made adjustments to a switch concept that felt authentically us.  

Embarking on a complete identity change, we tackled our logo and colour palette first.  

What is that first impression you get of SmartestEnergy when you see us on or offline? Afterall it only takes 0.05 of a second for a user to form an...

Read more

Brand Launch: Our Journey to Get Here

In a series of ‘Brand Launch’ blog posts, we’ll be talking to the change in identity and proposition we’ve made in more detail. Revealing the process we went through behind the scenes, and exploring what the change means for us now, after the excitement of the launch, when ‘business as usual’ activities resume.

The initiative to rebrand SmartestEnergy stemmed from us taking the time to step-back and consider how far we’ve come since the company started out as an offtaker of renewable...

Read more

Surprise production cuts announced by OPEC+ at the weekend drive up prices

Head of Sales Trading, Fanos Shiamishis, reports on energy market activity, covering the period 28^th March – 4th April 2023. On our end-of-day pricing tool, The Source, we published an in-week high of £190/MWh for the Winter-23 seasonal power price on 3rd April. In this blog, Fanos shares the market news and updates from the last week.   

Volumes on the UK power curve had picked up last Tuesday with more than 300 MW April 23 and 450 MW Winter 23 trading. On the eve of expiry, the April, Q2...

Read more