Energy market strength offers strategic opportunity for businesses

The energy market is currently in one of its strongest positions in recent years, with wholesale prices remaining significantly lower than during previous periods of volatility. Here, Andy Radcliffe of Enexus Energy explains how this period of stability is creating a timely opportunity for businesses to review their energy strategies, particularly those with contracts due for renewal in 2026.

For many organisations, energy procurement is often left until the final months of a contract. However, taking action now and forward planning can help protect against future price increases.

Energy markets are influenced by a wide range of factors, including global supply, weather patterns, infrastructure investment and geopolitical risk. While prices are favourable today, conditions can change quickly. Securing a strategy early can provide certainty, budget stability, and long-term cost control.

Businesses with multiple meters, high levels of energy consumption or complex operational requirements stand to gain the most from reviewing their current arrangements. Even organisations locked into existing contracts may benefit from early action, such as identifying historical billing errors, improving data accuracy or preparing a more informed procurement approach ahead of renewal.

Crucially, taking action early does not mean committing immediately. Instead, it allows businesses to understand their options, assess risks and plan timing carefully. By doing so, decisions can be made from a position of strength rather than urgency.