Your live energy position is available on the TEC Orbit portal here. Many members receive the Mitie Daily Market Updates by email – please let us know if you currently don’t and would like to via enquiries@tec.ac.uk.
Following the attacks and escalating tensions in the Middle East, please see below a brief update from your trading desk.
The TEC Orbit platform will provide end-of-day price assessments, and we will continue to provide regular member updates.
Daily update:
As the Middle East crisis continues to create volatility in the market, we are holding another market update webinar to bring you up to speed on the latest developments and impacts on the market including:
Date: Wednesday 10th June at 10:00AM – 11:00AM
You can register here.
Did you know that your institution’s energy position is updated daily in the TEC Orbit portal? Geopolitical tensions, volatile energy prices and evolving commodity and non-commodity costs, are all putting pressure on rising energy bills. You can access Orbit here.
In addition, you can also receive TEC’s daily market update straight to your inbox – email enquiries@tec.ac.uk if you’d like to receive this.
Second Exceptional Market Update | 01/04/2026
Following the continuing situation in the Middle East, we hosted our Second Exceptional Market Update, where our Head of Trading, Harrison Miles, led the webinar.
Find the recording and slides here.
EDF: Monitor Non-Energy Costs Explained Mar 26 Webinar | 17/03/26
EDF Wholesale Market Services experts share more detailed updates on how the current non-energy costs impact businesses – Taken from their quarterly report, Monitor.
Find the recording here.
Market-wide Half Hourly Settlement Webinar | 13/03/26
Market-wide Half Hourly Settlement is one of the biggest changes ever to the UK electricity market: everything is moving to half-hourly data. It is a key enabler for the UK’s Clean Power 2030 target and should help give better data to suppliers and consumers alike. There is a tight timescale for this. Stark presented this webinar.
Managing Rising Gas Costs: How TEC’s strategy supports members in a volatile market
Blog: Ian Swaine, Member Services Advisor at TEC
Read here
Getting ready for Market-wide Half Hourly Settlement (MHHS): a new era for the electricity market
Blog: Marc Brook, Bureau Services Manager at TEC
Be aware of rising non-commodity costs: Insights from TEC’s winter energy update
Blog: Harrison Miles, Head of Trading at TEC
Energy budgets can be substantial and have only grown in recent years. Prices have also become more volatile, and understanding the impact on budgets has never been more challenging. Furthermore, commodity and non-energy costs are changing all the time, impacting on your energy bill.
We’re witnessing one of the biggest changes ever to the UK electricity metering market: everything is moving to half-hourly data.
We’re keen that all of our members know what they need to do to get ready for these changes.
EDF have produced a short, clear explainer article here.
In case you missed our latest webinar with Stark, which also dealt with MHHS, you can now find the recording on our website here.
This week there have been some changes made to the EV Workplace Charging Scheme which have extended the deadline in some cases.
Find out more here, and contact your MSA for more details.
You can access more resources within our Members area, if you do not have a log, please get in touch with us via @enquiries@tec.ac.uk. Alternatively, you can ask your MSA to help get you set up with an account for our website.