Electricity and Gas Price Trends – 5th June 2026 to 15th June 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
05/06/2026
87.417
15/06/2026
84.750
MOVEMENT
-3.15%
TERM
2 Year
05/06/2026
66.100
15/06/2026
65.160
MOVEMENT
-1.44%

TERM
3 Year

05/06/2026
61.500

15/06/2026
61.570

MOVEMENT
+0.11%
GAS WHOLESALE PRICE CHANGES (£/MWh)

TERM
1 Year

05/06/2026
97.933

15/06/2026
92.750

MOVEMENT
-5.59%

TERM
2 Year

05/06/2026
69.200

15/06/2026
67.000

MOVEMENT
-3.28%

TERM
3 Year

05/06/2026
64.640

15/06/2026
62.430

MOVEMENT
-3.54%
SUMMARY

Gas prices plunged into the weekly close on Friday, pressured by cooling tensions in the Middle East.

Geopolitical risk premiums receded after the US cancelled scheduled overnight military strikes on Iran in favour of diplomatic discussions, easing market concerns over further Middle Eastern supply disruptions.

Over the weekend, the US and Iran signed a non-binding memorandum of understanding to pause hostilities and keep diplomatic channels open, though a formalised peace treaty remains unsigned. This tentative progress has been enough to allow UK wholesale gas prices to continue their downward trajectory on Monday morning.

Baseload power prices also moved lower on Friday, though to a lesser extent than adjacent gas and crude oil markets.

When comparing last week (8th to 14th June) to the week prior, wind’s share of the generation mix softened only slightly from 34.8% to 33.1%, while gas-fired generation (CCGT) held virtually flat at 22.8% compared to 22.7% in the previous week.

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 16/06/2025 to 15/06/2026

Overall the average price of Electricity has gone DOWN by 17.05%
Overall the average price of Gas has gone DOWN by 22.51%
LATEST WHOLESALE ELECTRICITY PRICE MOVEMENT

Latest Electricity Wholesale Prices
LATEST WHOLESALE GAS PRICE MOVEMENT

Latest Wholesale Gas Prices

 

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