Business Energy Broker
Utility SwopShop Weekly Market Insights Week Ending 4th April
Gas
British near-term gas prices fell on Thursday amid reduced demand due to milder weather and healthy supply. Hence, NBP spot decreased by almost 3%, ending at 95.78 p/therm. Further along the curve, the gas price for Win-2025 delivery slumped by 4.4%, closing at 102.19 p/therm due to concerns over new U.S. tariffs, which sparked fears of economic slowdown and lower future energy demand.
Power
The UK spot electricity price surged by over 4%, reaching 74 GBP/MWh on Thursday as wind power generation in the UK is expected to plummet next week.
In contrast, the Winter 2025 electricity price dropped by 2.7%, settling at 88.57 GBP/MWh, moving in tandem with lower gas and carbon prices.
Disclaimer
The contents of this webpage, such as text, graphics, images, and other material contained on the Utility SwopShop Ltd Site (“Content”) are for informational purposes only and are designed to provide market information based on market information available from energy suppliers in the UK. The Content is not intended to be a substitute for energy market professional advice and does not provide contract pricing for the delivered price of energy but does provide an indicator of the current wholesale commodity elements of the delivered price