Gas Prices Fluctuate: September Delivery Decreases by 16% at TTF hub in Rotterdam

Gas Prices Fluctuate: September Delivery Decreases by 16% at TTF hub in Rotterdam

The price of one megawatt-hour (MWh) of gas with a contract for September delivery was close to 31 euros (CZK 748) at the Title Transfer Facility (TTF) virtual trading hub in Rotterdam around 8:30 a.m. CET on Thursday, marking a daily drop of around 16 percent. In the morning after the opening of trading, the … Read more

Tips for Choosing the Best Energy Supplier After Contract Ends

Tips for Choosing the Best Energy Supplier After Contract Ends

The contract with the energy supplier ends for a number of clients at the end of the summer. Hundreds of them have already received a new price offer, but it is well above the government ceiling. Economists advise not to approach it and to be careful. It is said that now is the ideal time … Read more

Czech Gas Workers Successfully Fill Gas Reservoirs in Preparation for Winter

Czech Gas Workers Successfully Fill Gas Reservoirs in Preparation for Winter

When winter asks what Czech gas workers did in the summer, the answer will probably be more joyful than last year. The Czech Republic and other European countries are successfully filling gas reservoirs. As of Tuesday, July 25, domestic gas reserves amounted to 3.096 billion cubic meters, last year 2.687 billion cubic meters. From the … Read more

Success of GBC Solino in the Solar Boom: Rising Sales and Profits in the Czech Republic

Success of GBC Solino in the Solar Boom: Rising Sales and Profits in the Czech Republic

The Olomouc wholesale company GBC Solino experienced an extremely successful year and the solar boom helped it. Businesses and households have been frantically building solar power plants to cope with high electricity prices. Panels on roofs, which were something unique a few years ago, have become almost commonplace, and the companies that sell or install … Read more

“Why Cheap Coal Might Not Be the Solution to Energy Issues – An Opinion Piece”

“Why Cheap Coal Might Not Be the Solution to Energy Issues – An Opinion Piece”

13 hours Edit But how? (5) any trouble? After all, coal (fine) for power plants and heat and power plants is said to be cheap in abundance (our rulers took care of it, after all;) by a strange coincidence, but it’s probably a coincidence that electricity has become more expensive for everyone, now restrictions for … Read more

“Gas Reservoirs Filled & Prices Drop in Czech Republic”

“Gas Reservoirs Filled & Prices Drop in Czech Republic”

Gas reservoirs in the Czech Republic are being filled again. After the end of the heating season, gas flows into them in full, mainly from the west and north of Europe and the USA. In addition, gas prices have fallen significantly. According to economists, this is the ideal time to fix prices. The heating season … Read more

“How to Negotiate Better Energy Prices with Suppliers in 2021”

“How to Negotiate Better Energy Prices with Suppliers in 2021”

Energy is getting cheaper on world markets and their domestic suppliers are coming up with offers below the government’s price ceiling. According to experts, the time is coming to negotiate better conditions with suppliers, or consider changing them. Wholesale energy prices have been falling throughout the first quarter of this year, and some suppliers are … Read more

Energy Prices Expected to Remain Stable in the Coming Weeks

Energy Prices Expected to Remain Stable in the Coming Weeks

The prices of electricity and gas have relatively stabilized on the energy exchange in recent weeks. According to Jiří Gavor, analyst at ENA and executive director of the Association of Independent Energy Suppliers (ANDE), they will not change much in the coming weeks. He expects that a megawatt hour (MWh) of electricity will cost around … Read more

Diesel Demand Drops in Major Economies, Signaling Recession Risk

Diesel Demand Drops in Major Economies, Signaling Recession Risk

In recent months, the demand for diesel has taken a sharp downturn, leaving many experts raising an alarm about the potential risk of a future recession. With the worldwide economy already on a fragile footing due to the pandemic, this news has left many scratching their heads and wondering what the future holds. In this … Read more