Electricity and Gas Price Trends – 17th April 2026 to 24th April 2026


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
17/04/2026
80.167
24/04/2026
82.750
MOVEMENT
+3.12%
TERM
2 Year
17/04/2026
67.850
24/04/2026
65.280
MOVEMENT
-3.94%

TERM
3 Year

17/04/2026
66.250

24/04/2026
62.480

MOVEMENT
-6.03%
GAS WHOLESALE PRICE CHANGES (£/MWh)

TERM
1 Year

17/04/2026
89.500

24/04/2026
95.167

MOVEMENT
+5.95%

TERM
2 Year

17/04/2026
64.750

24/04/2026
68.625

MOVEMENT
+5.65%

TERM
3 Year

17/04/2026
64.775

24/04/2026
64.215

MOVEMENT
-0.87%
SUMMARY

Gas prices at the NBP went up for 4 of the 5 days of the week amid ongoing tensions in the Middle East and the Strait of Hormuz.

As the conflict enters it’s 9th week, the extension of the US ceasefire has likely capped near-term prices but the longer-term outlook for the conflict remains uncertain.

Supply fundamentals also tightened, with Norwegian pipeline flows to the UK falling over the past week due to major planned outages at the Troll field, the Kollsnes processing facility, and other key assets.

Meanwhile, EU gas storage stands at 30.82%, nearly 7% below this time last year, underscoring the scale of the refilling challenge ahead.

On the power side, weaker renewable output drove power prices higher at the prompt, in line with gains across the wider energy complex and off-setting recent improvements in supply.

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 24/04/2025 to 24/04/2026

Overall the average price of Electricity has gone DOWN by 8.35%
Overall the average price of Gas has gone DOWN by 11.25%
LATEST WHOLESALE ELECTRICITY PRICE MOVEMENT

Latest Electricity Wholesale Prices
LATEST WHOLESALE GAS PRICE MOVEMENT

Latest Wholesale Gas Prices

 

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