Finance Focus

June 2026

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.

Finance Focus Finance Focus
Latest Energy Position

Latest Energy Position

TEC Market Position Update – 5th June 2026

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:

  • Israel and Lebanon agree to implement a ceasefire on the condition of Hezbollah stopping their attacks.
  • Fulfils the criteria for Iran to resume peacetalks with the US, although prices have remained rangebound.
To support our members during this period of uncertainty, we held our Second Exceptional Market Update webinar on Wednesday 1st April at 11:00AM. The slides and recording can be found here. The Q&A sheet from this session is also available under Resources.
For further information, please contact your MSA.
Link to TEC ORBIT PORTAL
Latest Energy Position
WHAT YOU NEED TO BE AWARE OF

WHAT YOU NEED TO BE AWARE OF

Energy Market Update Webinar

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:

  • Implications for energy and commodity prices over the next few months.
  • Updates on recent TEC trading actions.
  • Scenario analysis of how wholesale prices could evolve through the summer.

Date: Wednesday 10th June at 10:00AM – 11:00AM

You can register here.

Orbit platform – gateway to your live energy position

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.

 

 

WHAT YOU NEED TO BE AWARE OF
LATEST WEBINARS

LATEST WEBINARS

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.

Find the recording and slides here.

View Webinars Library
LATEST WEBINARS
LATEST BLOGS

LATEST BLOGS

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   

Read here 

 

Be aware of rising non-commodity costs: Insights from TEC’s winter energy update  

Blog: Harrison Miles, Head of Trading at TEC       

Read here

 

View all blogs
LATEST BLOGS
TEC ORBIT PORTAL

TEC ORBIT PORTAL

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. 

Your live position is available on the TEC Orbit portal here.
TEC ORBIT PORTAL
REMINDERS

REMINDERS

MarketWide Half Hourly Settlement (MHHS)

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.

 

Changes to EV workplace Charging Scheme

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.

REMINDERS

Latest Energy Position

TEC Market Position Update – 5th June 2026

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:

  • Israel and Lebanon agree to implement a ceasefire on the condition of Hezbollah stopping their attacks.
  • Fulfils the criteria for Iran to resume peacetalks with the US, although prices have remained rangebound.
To support our members during this period of uncertainty, we held our Second Exceptional Market Update webinar on Wednesday 1st April at 11:00AM. The slides and recording can be found here. The Q&A sheet from this session is also available under Resources.
For further information, please contact your MSA.
Link to TEC ORBIT PORTAL

WHAT YOU NEED TO BE AWARE OF

Energy Market Update Webinar

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:

  • Implications for energy and commodity prices over the next few months.
  • Updates on recent TEC trading actions.
  • Scenario analysis of how wholesale prices could evolve through the summer.

Date: Wednesday 10th June at 10:00AM – 11:00AM

You can register here.

Orbit platform – gateway to your live energy position

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.

 

 

LATEST WEBINARS

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.

Find the recording and slides here.

View Webinars Library

LATEST BLOGS

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   

Read here 

 

Be aware of rising non-commodity costs: Insights from TEC’s winter energy update  

Blog: Harrison Miles, Head of Trading at TEC       

Read here

 

View all blogs

TEC ORBIT PORTAL

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. 

Your live position is available on the TEC Orbit portal here.

REMINDERS

MarketWide Half Hourly Settlement (MHHS)

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.

 

Changes to EV workplace Charging Scheme

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.

Latest Energy Position
WHAT YOU NEED TO BE AWARE OF
LATEST WEBINARS
LATEST BLOGS
TEC ORBIT PORTAL

Latest News

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.

Contact us
https://www.tec.ac.uk/wp-content/uploads/2026/01/AdobeStock_266675201-scaled.jpeg
Skip to toolbar