Get the latest UK gas and electricity wholesale prices. Updated daily with power market insights, price trends, and tips to help your business stay ahead.

Gas and power surge 12–14% on Middle East tensions and tight EU storage; near-term contracts near monthly highs.

Gas and power surge 9% this week on Middle East tensions and tight LNG supply. Prices near month highs; renewals in next 1–3 months warrant review.

Gas and power both climbed sharply this week on Middle East tensions and summer heat. Near-term renewals now worth reviewing.

A plain-English guide to MHHS for UK businesses: how half-hourly settlement works, the rollout timeline to 2027, and the one myth that could cost you money.

Week 27. Gas up 8.3% to 104.51p but down 9.2% over 30 days; power up 7.2% to £94.37 but down 4.6% over 30 days. Watch for Norwegian maintenance end on 8 July.

June 2026: gas fell 9.5% to 102.61p but bounced 2.7% as geopolitical risks resurged. Power down 2.3%. Forward curve expects easing into 2027–28.

Week 26 energy update: gas down 18% in 30 days to 96.52p, power down 10% to £90.16/MWh. Middle East ceasefire and heatwave easing prices. Renew now if you're in next

Week 25: Gas fell 23.3% over 30 days to 96.69p, power down 12.2% to £91.46/MWh. US-Iran peace deal eased geopolitical risk, but Friday's talks delay brought caution

TotalEnergies deemed rates are typically higher than contract rates. View current gas and electricity deemed rates and get a free quote today.

Week 24. Gas up 5.3% in 30 days but fell 6.8% Friday as US–Iran tensions eased and wind improved; power similar. Near-term momentum turning down—watch, don't rush.

Day 54. Ceasefire extension holding but settlement climbed a third day — gas +4%, power +1%. UK nuclear delays, weak wind, vessel seizures support prices.

Week 23: Gas up 6% in 30 days, power up 10.8%. Middle East tensions and Norwegian strike threat keep prices rising. Get quotes if renewing soon.

Week 22: Gas eased 5.7% on record heatwave and LNG supply gains, but remains 6.1% up over 30 days. Power fell 1.1%, held up by rising carbon. Watch before renewing.

Week 21. Gas up 4.1% on the week to 120.37p as Iran tensions flared, despite a 4.5% Thursday drop. Near-term contracts up 20-28% in 30 days.

Week 20. Gas up 8.1% to 115.60p — a 5-week high driven by cold snap and Middle East tensions. Get quotes if renewing in 2026.

Week 19. Gas fell 4.8% as US-Iran peace talk hopes eased prices — but Hormuz tensions and Qatar outages keep supply tight. Watch closely.

Week 18. Gas up 22.6% to 111.96p as Middle East tensions and Norwegian outages hit supply. Get quotes if renewing in 2026.

Week 17. Gas up 9.7% as Middle East ceasefire collapses — but still 20% below 30 days ago. Get quotes if renewing in 2026.