Utility SwopShop Weekly Market Insights Week Ending 7th February

Week ending: 07/02/2025

Gas

British near-term gas prices extended gains on Thursday, with NBP spot trading 1% higher at 135.65 p/therm amid forecasts of lower temperatures and falling inventory levels.

Along the forward curve, the gas price for Sum-25 delivery rose by over 2% to 130.10 p/therm amid persisting supply concerns.

Power

British electricity prices experienced mixed trends on Thursday. The day-ahead price dropped by 6% to 111.99 GBP/MWh, driven by an increase in wind generation, while the Summer 2025 electricity contract rose by nearly 2% to 100.09 GBP/MWh, mirroring upward trends in the UK gas market.

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