Energy has become much more expensive in the past ten years. This is mainly due to the rising demand for fossil fuels across the world. As long as there are no good alternative energy sources, this trend will continue. In the short term market behaviour is less predictable. The volatility of the futures market and the daily market price can rise due to a number of factors. Wind and hydropower are increasingly impacting on daily energy prices. The price of energy abroad also affects the Dutch energy market more than ever before.
There are so many factors affecting the daily prices for both electricity and gas that we can only mention a few.
- Political developments (eg. Division policy, Nma, European Regulations)
- Supply and demand. Also for CO2, oil and the coal market
- Economic development
- Weather
- Currency trading (particularly the dollar)
- Future technology developments
The most important question is: when and how much energy you should buy in at any time on the daily or futures market. Because the daily energy market trends are closely followed by Hellemans Consultancy we can translate your purchasing strategy into concrete actions.
