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Utility SwopShop Weekly Market Insights Week Ending 12th September
Gas
The NBP spot price fell by 2% on Thursday to 78.55 p/therm, weighed down by abundant supply and reduced geopolitical worries. Along the forward curve, the Winter 2025 contract declined by 2% to 85.65 p/therm amid healthy supply.
Power
The UK spot power price tumbled by 9% on Thursday to 38.33 GBP/MWh, pressured by stronger forecasts for wind and solar output. Further along the curve, the Winter 2025 contract slid 2% to 83.10 GBP/MWh, tracking weakness in gas and carbon markets.
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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