Wholesale energy prices reflect complex, changing market

United Wholesale (Scotland) to buy Time Wholesale Services

Glasgow-based United Wholesale (Scotland) (UWS) is in the process of acquiring Time Wholesale Services in East London, SLR can reveal. UWS, which operates three depots in Maxwell Road, Queenslie and the M9, is expected to complete the sale next month (June). The acquisition will help to accelerate UWS’ five year plan to boost turnover to £500m by 2030. Time was founded by Sony Bihal in 1999 and supplies groceries, alcohol, tobacco and househo…

Wholesale energy prices reflect complex, changing market

Wholesale energy prices in the National Electricity Market (NEM) over summer were lower in northern regions and higher in southern regions compared with the previous quarter and same quarter last year—the result of a combination of factors shaping a changing energy market. This was the takeaway from the Australian Energy Regulator’s (AER) latest Wholesale markets quarterly report for January to March 2025. AER Board member Jarrod Ball said this …