Utility SwopShop Weekly Market Insights Week Ending 8th August

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Utility SwopShop Weekly Market Insights Week Ending 8th August

Week ending: 08/08/2025

Gas

British gas prices fell on Thursday, with NBP spot price dropping by 1.3% to 77.75 p/therm amid rising Norwegian flows to the UK.
The Winter 2025 contract also decreased by 1.5%, settling at 89.50 p/therm, due to a comfortable supply outlook and rising storage levels.

Power

UK forward power prices showed modest changes on Thursday. The Winter 2025 contract held largely steady, closing at 83.39 GBP/MWh, influenced by a bullish carbon market. Similarly, the spot electricity price jumped by 7.7% to 58.64 GBP/MWh, driven by a decline in wind generation output.

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