Utility SwopShop Weekly Market Insights Week Ending 20th June

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Utility SwopShop Weekly Market Insights Week Ending 20th June

Week ending: 20/06/2025

Gas

GAS -British near-term gas prices increased on Thursday, with the NBP spot climbing 2.6% to 98 p/therm amid tighter Norwegian supply.
On the forward curve, the Winter 2025 gas contract surged over 6% during the week, finishing at 110.50 p/therm, fueled by escalating fears that the Israel-Iran conflict could impact supply routes.

Power

POWER – The UK spot power price fell by 3.2% on Thursday to 90.28 GBP/MWh, driven by a rise in wind output.

Meanwhile, the UK Winter 2025 power contract gained 3.6% to settle at 96.51 GBP/MWh, following stronger gas 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