Utility SwopShop Weekly Market Insights Week Ending 17th October

  1. Utility SwopShop
  2. Weekly Market Insights
  3. Utility SwopShop Weekly Market Insights Week Ending 17th October

Utility SwopShop Weekly Market Insights Week Ending 17th October

Week ending: 17/10/2025

Gas

A fresh overnight Russian drone and missile attack targeted gas production sites run by DTEK in Ukraine’s Poltava region, also affecting Naftogaz facilities. Concerns that additional strikes could raise import requirements pushed British gas prices slightly higher. The spot price rose by 0.4% to 81.31 p/therm on Thursday, while the Summer 2026 delivery contract gained 0.8% to 76.31 p/therm, despite overall abundant supply and weak demand.

Power

The UK’s spot electricity price dropped by 3.2% to 89.48 GBP/MWh on Thursday, even though wind generation forecasts remain unusually low for this season.

Meanwhile, the UK Summer 2026 power contract climbed by 1.3% to 72.18 GBP/MWh, buoyed by increases in 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