Finance Focus

October 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 – 16th October 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:

  • Markets opened flat this morning but have since moved up trading around 1.5% on front months.
  • Main drivers continue to be conflict in the Middle East and low European gas storage.
  • Going forwards eyes remain on US/Iran negotiations as America moves closer to the midterm elections.
Link to TEC ORBIT PORTAL
Latest Energy Position
WHAT YOU NEED TO BE AWARE OF

WHAT YOU NEED TO BE AWARE OF

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

Reducing Time of Use Charges Discussion and Q&A – 2 | 1st October 2026

Could you reduce your electricity “time of use” charges? We will discuss the changes in electricity prices that occur throughout the day and how they can avoid high priced periods. These sessions will build on the “Time of Use” paper we issued through TEC news and which is available on the TEC website, to discuss the charges and ways to reduce them.

Find the slides here

 

Exceptional Market Update | 18th September 2026

Harrison Miles, Head of Trading, will provide an update on the latest geopolitical developments and their implications for energy markets, alongside an assessment of the key fundamental drivers behind recent price movements. He will also consider the outlook as we approach the winter period and what this could mean for prices and market volatility.

Find the recording and slides here

View Webinars Library
LATEST WEBINARS
LATEST BLOGS

LATEST BLOGS

Benefits Statement 2025/2026: Delivering financial value to members in a challenging energy market

Blog: Marc Brook, Bureau Services Manager at TEC

Read here

 

TEC expands Senior Leadership Team to support members’ evolving needs

Blog: Steve Creighton, Head of Commercial at TEC and Ian Swaine, Head of Member Services at TEC

Read here

 

The Era of Volatility, The Value of Control: An Opportunity to Reduce Gas Costs

Blog: Emma Grubb, Member Services Advisor at TEC

Read here

 

Protecting TEC members from unsettling and volatile energy prices this winter

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

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 – 16th October 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:

  • Markets opened flat this morning but have since moved up trading around 1.5% on front months.
  • Main drivers continue to be conflict in the Middle East and low European gas storage.
  • Going forwards eyes remain on US/Iran negotiations as America moves closer to the midterm elections.
Link to TEC ORBIT PORTAL

WHAT YOU NEED TO BE AWARE OF

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

Reducing Time of Use Charges Discussion and Q&A – 2 | 1st October 2026

Could you reduce your electricity “time of use” charges? We will discuss the changes in electricity prices that occur throughout the day and how they can avoid high priced periods. These sessions will build on the “Time of Use” paper we issued through TEC news and which is available on the TEC website, to discuss the charges and ways to reduce them.

Find the slides here

 

Exceptional Market Update | 18th September 2026

Harrison Miles, Head of Trading, will provide an update on the latest geopolitical developments and their implications for energy markets, alongside an assessment of the key fundamental drivers behind recent price movements. He will also consider the outlook as we approach the winter period and what this could mean for prices and market volatility.

Find the recording and slides here

View Webinars Library

LATEST BLOGS

Benefits Statement 2025/2026: Delivering financial value to members in a challenging energy market

Blog: Marc Brook, Bureau Services Manager at TEC

Read here

 

TEC expands Senior Leadership Team to support members’ evolving needs

Blog: Steve Creighton, Head of Commercial at TEC and Ian Swaine, Head of Member Services at TEC

Read here

 

The Era of Volatility, The Value of Control: An Opportunity to Reduce Gas Costs

Blog: Emma Grubb, Member Services Advisor at TEC

Read here

 

Protecting TEC members from unsettling and volatile energy prices this winter

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

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.

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