Business Energy Broker
Utility SwopShop Weekly Market Insights Week Ending 22nd May
Gas
On Thursday, British gas prices edged lower, with NBP spot down 1.8% to 123.80 p/therm, as milder weather forecasts and comfortable storage levels weighed on prompt demand. Further along the curve, Winter-26 delivery prices remained flat at 122.01 p/therm amid balanced long-term market fundamentals.
Power
On Thursday, the British day-ahead electricity price fell by more than 7% to 106.25 GBP/MWh, pressured by stronger renewable generation.
Along the forward curve, the Winter-26 contract increased by 0.2% to 102.46 GBP/MWh, despite softer movements in the wider energy complex.
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