Electricity and Gas Price Trends – 28th November 2025 to 5th December 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
28/11/2025
72.650
05/12/2025
72.250
MOVEMENT
-3.42%
TERM
2 Year
28/11/2025
69.350
05/12/2025
68.800
MOVEMENT
-0.80%

TERM
3 Year

28/11/2025
68.350

05/12/2025
68.800

MOVEMENT
-0.51%
GAS WHOLESALE PRICE CHANGES (£/MWh)

TERM
1 Year

28/11/2025
72.500

05/12/2025
68.000

MOVEMENT
-6.62%

TERM
2 Year

28/11/2025
68.375

05/12/2025
66.500

MOVEMENT
-2.82%

TERM
3 Year

28/11/2025
64.690

05/12/2025
63.395

MOVEMENT
-2.04%
SUMMARY

Prices continued to fall for the majority of the week, posting reductions 4 out of 5 sessions.

The sharpest declines were concentrated at the front-end, helped with the swift resolution of unplanned outages from Norway which likely eased immediate supply concerns.

On the power front, baseload prices tracked the movements of their gas counterparts for the majority of the week, although downside was more restrained, with Winter 26 contracts experiencing the largest declines.

Stronger wind-generation perhaps helped to reduce prices on near-term contracts.

Data from National Grid indicated that wind-output increased by nearly 16% day-on-day from Wednesday to Thursday, curbing reliance on gas fired generation, which fell by more than 6% over the same period.

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 05/12/2024 to 05/12/2025

Overall the average price of Electricity has gone DOWN by 18.84%
Overall the average price of Gas has gone DOWN by 54.13%
LATEST WHOLESALE ELECTRICITY PRICE MOVEMENT

Latest Electricity Wholesale Prices
LATEST WHOLESALE GAS PRICE MOVEMENT

Latest Wholesale Gas Prices

 

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