Energy Focus: Summer 2023
Our latest market update video provides the energy outlook for the remaining summer months.
Trident's Market Analyst and Energy Trader, Jitesh Panchal and Energy Risk Manager, Alexandra Mottershead, discuss the current outlook for global energy markets and highlight some of the key fundamental drivers to watch over the coming weeks.
Read the full video transcript below.
What should customers do?
For customers with upcoming fixed contract renewals, given the potential risk factors for late summer, coupled with the usual September round rush, we would advise going to market as soon as possible with a view to fixing by late-July/early August as prices currently sit at the lower end of recent ranges.
A flexible progressive flexible strategy solution remains the best tool to reduce the risk of purchasing in a high price environment. For larger energy users, this can be achieved with a flexible energy contract and a comprehensive risk management strategy. For consumers who cannot access stand-alone flexible contracts, Trident’s framework solutions provide a facility for purchasing energy flexibly with multiple strategy options for varying risk appetites.
That brings us to a close on this update. If you have any questions, please feel free to contact us. You can also find the latest energy market commentary from our experts on the Trident Utilities website and social media platforms. . Call our experts today on 0345 634 9500 or email email@example.com.
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