5
Market Movements Over 2025
The Story of 2025's Energy Market So Far
The graph above shows the trade prices of gas and electricity for each month from January to early September 2025. While trade prices differ from the pence per kilowatt hour rates on business invoices, they are a key indicator of future contract pricing. After peaking in February, with gas averaging 142 pence per therm and electricity at £116 per megawatt hour, prices fell steadily through spring. By May, gas had dropped to 89p/therm, and electricity to £79/MWh, a fall of more than 25 percent. Throughout the summer, prices held relatively steady. Gas traded between 75 and 85 pence per therm, and electricity hovered just below £82/MWh. Strong storage levels and low seasonal demand supported this stability, but with wind output falling and colder months ahead, the market may not stay quiet for long.
Made with FlippingBook - PDF hosting