ENERGY & TELECOMS MARKET

ENERGY MARKET

The market for the supply of electricity is constantly evolving with consolidation and changes in government policy. It is a complex market and MGI offers a number of services to clients to help them gain the best value for their businesses.

The major element of gas supply price is the commodity element, which is inherently volatile. UK supply capacity is lower than many previous years and International demand is adding to the upward pressure on prices. Contract procurement is becoming increasingly complex, with suppliers demanding consumption profiles to manage supply risks in to their contract pricing.

The energy market is rising and we believe it will continue to rise for the foreseeable future in the medium term. We therefore recommend our clients start to review their energy Supply contracts up to 12 months before their contracts expire.

TELECOMS MARKET

The current telecoms market is a turbulent and dynamic with suppliers focussed on their niche markets. For the end user prices are continuing to fall with intense supplier competition. This represents an opportunity for our clients to benefit from lower prices.