UK Energy Market Update: 21st –25th July 2025
Steady gas, volatile power — a mixed week for business energy buyers
💡 Summary at a Glance
| Market | Weekly Avg | Previous Week | % Change | Direction |
|---|---|---|---|---|
| Gas (NBP) | 80.32p/th | 83.75 p/th | 🔻 -4.10% | Lower |
| Power (ELEC) | £82.02/MWh | £84.09/MWh | 🔻 -2.46% | Lower |
✅ A welcome dip in both gas and electricity prices after last week’s spike.
📉 Gas is down 4%, and power softened slightly — a helpful pause for those watching the market.
⚡ Day-Ahead Prices Breakdown
| 📆 Date | ⚡ Electricity (£/MWh) | 🔥 Gas (p/th) |
|---|---|---|
| 21/07/2025 | 80.66 | 81.00 |
| 22/07/2025 | 82.16 | 80.25 |
| 23/07/2025 | 82.16 | 81.50 |
| 24/07/2025 | 81.40 | 77.55 |
| 25/07/2025 | 82.04 | 78.55 |
⚠️ No sharp anomalies, but prices held firm across the week. Gas dropped midweek as Norwegian flows stabilised.
📅 5-Week Price Trend
| Week Ending | Avg Gas (p/th) | Avg Power (£/MWh) |
|---|---|---|
| 25/07/2025 | 80.32 | £82.02 |
| 18/07/2025 | 83.75 | £84.09 |
| 11/07/2025 | 81.22 | £77.90 |
| 04/07/2025 | 78.05 | £82.98 |
| 27/06/2025 | 87.72 | £58.82 ⚠️ |
🟢 After last week's jump, this week saw a gentle correction downward — welcome news for businesses yet to renew.ing.
📩 Ready to Check Prices?
👉 Prices have dipped — but that doesn't always last.
Now could be a smart window to explore options without pressure.
🌍 What’s Driving the Market?
🟢 Gas Market Drivers
- 🔧 Norwegian flows steadied after earlier outages; flows near 311 mcm/day from Gassco on 23 July
- 📦 UK gas storage now 85%+ full at major terminals including South Hook and Isle of Grain
- 🛬 LNG arrivals ongoing, with South Hook expecting a US cargo on 27 July
- 🌡️ Cooler weather reduced gas-for-power demand.
🔌 Power Market Drivers
- ⚛️ Nuclear outages remain heavy — Hartlepool 1 & 2, Heysham 1 & 2, and Torness units still impacting baseload
- ☀️ Solar & wind improving toward end of week — forecasted output to exceed seasonal norms
- 🔌
Interconnectors running steadily, but UK continued modest exports via BBL and IUK.
📈 6–Month Energy Market Trends
Both gas and power prices remain well below their 6-month highs, but volatility remains likely through August.
⏳ This may be a short-lived plateau before the next move — especially with nuclear shortfalls and global energy risk.
💡 What This Means for Your Business
| Time Until Contract Ends | Fixed Contract Advice |
|---|---|
| 0–3 Months | ✅ Get quotes now – this week offers a price window worth exploring. |
| 3–6 Months | ⚖️ Monitor closely – we’re in a dip, but don’t get caught if the market rebounds. |
| 6–12 Months | 👀 Track weekly – if your business likes price certainty, start soft market testing. |
| 12+ Months | 🧭 No urgency – but build a plan for your renewal quarter and subscribe to alerts. |
🔭 What to Watch Next Week
- 🛬 New LNG cargoes expected from the US and Panama
- ⚛️ Heysham and Torness outages continue — delays could pressure prices
- 🌬️ Wind generation forecast to climb sharply
- 🏦 Global oil & carbon markets reacting to wider geopolitical and inflationary signals
🔭 Next Steps
Ready to Lock in Better Rates or Stay Ahead of the Market?
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💬 Final Thoughts
It’s not often we see a softening in both gas and power during summer — but here we are.
- 📉 Both markets fell, offering a useful window to review contract options
- 🛠️ Norwegian gas and nuclear issues are still unresolved — this could reverse quickly
- ⏳ If you’re within 3 months of renewal, now may be a smart time to fix
Let’s help you take advantage of the current dip — or track it for when you’re ready.
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