2025 energy prices: key drivers to watch out for

As we enter the new year, there are several key drivers that could impact energy prices. This winter's unpredictable weather and the end of the Russian gas transit deal are driving up reliance on liquefied natural gas and geopolitical issues and economic disparities between the US and Europe could add to market uncertainty.

Our energy market expert, Mark Ursell, explains the five key drivers businesses should keep an eye on.

• 00:00 - Why does the weather continue to be one of the biggest drivers?
• 00:45 - How has the end of the Russia/Ukraine Transit Deal impact gas flows into Europe?
  
• 01:30 - What other geopolitical factors will impact the energy prices in 2025?
  
• 02:35 - What role will economic demand play in the energy markets?
• 03:20 - Will Labour's proposed plans have a positive impact in 2025 and beyond?