Electricity and Gas Price Trends – 31st October 2025 to 7th November 2025


Ingrid & Anders
Please find detailed below the latest weekly update on the wholesale electricity and gas relative in the UK.

WHAT HAPPENED TO PRICES LAST WEEK ?
ELECTRICITY WHOLESALE PRICE CHANGES (£/MWh)
TERM
1 Year
31/10/2025
75.96
07/11/2025
75.725
MOVEMENT
-0.31%
TERM
2 Year
31/10/2025
74.66
07/11/2025
72.650
MOVEMENT
-2.77%

TERM
3 Year

31/10/2025
73.28

07/11/2025
71.013

MOVEMENT
-3.19%
GAS WHOLESALE PRICE CHANGES (£/MWh)

TERM
1 Year

31/10/2025
78.119

07/11/2025
78.001

MOVEMENT
-0.15%

TERM
2 Year

31/10/2025
77.210

07/11/2025
74.250

MOVEMENT
-3.99%

TERM
3 Year

31/10/2025
75.265

07/11/2025
73.190

MOVEMENT
-2.84%
SUMMARY

The market witnessed daily fluctuations this past week as traders weighed steady supply against a firmer demand outlook.

On the LNG front, 5 cargoes are expected to arrive over the next 7 days, though at least 3 diversions to other European terminals have been observed this week due to increased competition on the spot market.

The latest run of our 14-day model maintains that demand is expected to climb above seasonal norms on 17th November amid forecasts of cooler temps and muted wind.

A sharp decline in wind power generation since Monday has offered underlying support to the prompt and near-curve contracts but bearish momentum across the wider energy complex (gas, oil, carbon) continued to weigh on the cost of fossil fuel generation across Europe.

Data from Elexon shows that the proportion of wind in the GB power mix fell from 57.3% (20.6GW) at the beginning of the week to just 14.5% (4.6GW) at the end of the week. This in turn, bolstered demand for gas (CCGT) generation which nearly quadrupled its share over the same period from 12.3% (4.5GW) to 44.4% (15.6GW).

See previous editions of the weekly price trends update by clicking here.

We also have lots of useful news articles that will help you form a much more rounded view of the energy sector before you make a decision on your next energy contract.

Wholesale Price Change 07/11/2024 to 07/11/2025

Overall the average price of Electricity has gone DOWN by 5.70%
Overall the average price of Gas has gone DOWN by 24.77%
LATEST WHOLESALE ELECTRICITY PRICE MOVEMENT

Latest Electricity Wholesale Prices
LATEST WHOLESALE GAS PRICE MOVEMENT

Latest Wholesale Gas Prices

 

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