UK Energy Market Update: 28th July –1st August 2025

Gas ticks up, electricity slides — a conflicting week for contract timing decisions.

💡 Summary at a Glance

📈 Gas: Prices continued to climb slightly, with most sessions holding above 81p.

⚡ Power: Volatility persisted but the overall average dipped after early-week highs.

⚡ Day-Ahead Prices Breakdown

🧮 After last week’s volatility, this week saw a gentler overall upward trend — especially on gas, with electricity retreating from its recent highs.

📅 5-Week Price Trend

📉 Gas: Trending upward but still well below mid-July levels.
  📉Power: Pulling back after a sharp spike in early July.

📩 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 outages: Ongoing capacity restrictions maintained firm prices.
• Storage: European reserves remain high, but exports and forecasts are now under scrutiny.
• LNG arrivals: Consistent, but weaker than spring levels, keeping risk premiums active.

⚡ Power Market Drivers

• Reduced wind generation: Especially midweek, lifted peak pricing.
• Demand variation: End-of-month consumption fell slightly, helping ease later prices.
• Firmer gas inputs: Continues to impact generation costs and therefore electricity pricing.
  

📈 6–Month Energy Market Trends

⚠️ While gas stabilised, electricity saw renewed volatility — particularly in late July highs.

 Historic power prices above £90/MWh appear to be short-lived for now.

💡 What This Means for Your Business

📅 What to Watch Next Week

• 📊 UK and EU gas storage developments and balance of LNG deliveries.
• 🔌 Wind generation and temperature forecast impacts on daily power volatility.
• 📈 Forward contracts as we approach Q4 contract shaping.

🔭 Next Steps

Ready to Lock in Better Rates or Stay Ahead of the Market?

Our experts monitor global energy movements so you don’t have to—take control now.

🧭 Final Thoughts

It’s still a mixed bag — gas showing strength, power showing weakness.

💬 Our advice:

• If you're inside 3 months, get quotes now — gas is rising.
• If you're later into winter, monitor weekly — electricity could still offer dips.
• Longer-term? Use this window to benchmark risk-free, especially before Q4 demand hits.