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Utility SwopShop Weekly Market Insights Week Ending 14th August
Gas
The NBP spot contract rose by 0.7% to 149.60 p/therm on Thursday, following an outage at Norway’s Kollsnes processing plant that reduced gas flows to the rest of Europe by 10.8 mcm/day.
Further along the curve, the Winter 2026 delivery contract fell by 1% to 149.15 p/therm, tracking weaker energy markets despite stalled US-Iran talks, low storage injections and reduced inventory levels.
Power
The UK spot electricity price fell by 2.5% to 145.50 GBP/MWh on Thursday, as concerns over heatwave-driven demand eased.
Further along the forward curve, the UK Winter 2026 power contract declined by 0.5% to 124.77 GBP/MWh, tracking weaker gas prices.
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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