Alliance Gas

For the first time since the deregulation of the UK’s gas supply market, Industrial and Commercial consumers now have the opportunity to reduce their natural gas costs through a new product from Alliance Gas called “Dynamic Triggering”.

The recent all-time high in gas prices has made every buyer wary of “locking in” to a fixed-price gas contract, and rightly so. In response to this, Alliance Gas has introduced an approach to gas pricing, already well-established in the U.S., which enables the large gas user to capitalise on the extremely volatile UK market. With the additional costs to industry of the Climate Change Levy, Dynamic Triggering could not have arrived at a better time.

Volatility in gas prices is not just a current problem for buyers, it has been a constant factor in the UK market for several years. Any fixed-price contract runs the risk of locking in high gas prices at the time of agreement for the whole of the contract period, costing the buyer significantly more than it should. Dynamic Triggering provides a better approach by using this market volatility to achieve lower overall gas prices

Robert Minsaas, Trading and Supply Manager, Alliance Gas Ltd said: “The recent highly volatile market has created uncertainty for everyone, so the time has come to adopt a new approach to purchasing gas. Dynamic Triggering will allow the strategic buying of gas over time, rather than the customer contracting to a fixed price, at a fixed time, for a fixed duration”.