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The Current Landscape of Wholesale Energy

Written By: Warm Thoughts Communications on January 17, 2022

Wholesale Energy Prices are Impacted by Global Markets

wholesale energyUnderstanding wholesale energy is key to having a strong grasp of how the energy market works, and why you may see fuel prices increasing across the board. All energy providers are impacted by the wholesale energy market, so no matter which provider you work with, gaining an understanding of the industry landscape overall is beneficial.

What is Wholesale Energy?

Your energy provider gets the fuel you use from a wholesale supplier with access to the large stores of energy around the world. When the wholesale energy prices increase, your energy provider’s prices will need to increase as well, since they must pay more for the fuel their customers need and rely on, on top of their existing business expenses.

What Global Factors Influence Wholesale Energy Prices?

The wholesale energy market is affected by many factors, not just what’s going on here in the U.S. Some of the current events relevant to the wholesale energy landscape around the world include:

Climate Change Hurts “Green Energy” Initiatives—and Increases Demand for Fossil Fuels

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