Greenfields Energy featured in The Sunday Times on Managing Energy Price Volatility
Greenfields Energy Group has been featured in a recent article in The Sunday Times discussing how businesses can respond to the latest shock in global energy markets following US military action against Iran.
The article explores how rising oil and gas prices are affecting UK businesses and what companies can do to manage their exposure to volatile energy costs.
Greenfields Co-Founder, Liam Conway, explains how sudden geopolitical events can trigger sharp movements in short-term energy prices. However, he emphasises that businesses should avoid making rushed decisions based purely on market headlines.
As Liam explains in the article, while spot prices for gas and electricity can spike quickly during periods of uncertainty, longer-term contracts often move much more gradually. This means that businesses whose energy contracts are not due for renewal immediately may not need to react straight away.
Instead, the most effective approach is to understand your organisation’s current energy position before making procurement decisions. That includes reviewing when contracts expire, how much future demand has already been secured, and how exposed the business is to short-term market movements.
“Unless you need to buy energy now, the best thing is to sit on your hands.”
Energy markets will always respond to geopolitical events. But businesses that manage energy risk successfully are typically those that take a measured, strategic approach rather than reacting to short-term volatility.
If you would like to discuss what the latest market movements could mean for your business, the team at Greenfields Energy is always happy to help.