Electricity and Gas Price Trends – 6th February 2026 to 13th February 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
06/02/2026
76.000
13/02/2026
70.375
MOVEMENT
-7.99%
TERM
2 Year
06/02/2026
68.750
13/02/2026
63.650
MOVEMENT
-8.01%

TERM
3 Year

06/02/2026
67.300

13/02/2026
60.750

MOVEMENT
-10.78%
GAS WHOLESALE PRICE CHANGES (£/MWh)

TERM
1 Year

06/02/2026
76.500

13/02/2026
74.375

MOVEMENT
-2.86%

TERM
2 Year

06/02/2026
64.500

13/02/2026
65.000

MOVEMENT
+0.77%

TERM
3 Year

06/02/2026
58.490

13/02/2026
57.915

MOVEMENT
-0.99%
SUMMARY

The market witnessed price reductions for the majority of the week amid a plentiful supply of LNG.

Strong deliveries of LNG from the US served as the primary source for the reductions at the front-end, with a steady stream of cargoes offloading at British terminals every other day this past week.

At the same time, Norwegian maintenance continued to serve as a price floor, with a combination of planned and unplanned works weighing on export flows from Europe’s largest supplier.

Power curve contracts witnessed a more substantial reduction versus their gas counterparts as steep losses on the carbon market weighed on the cost of fossil fuel generation.

According to data from ICE, the benchmark Carbon EUA contract registered a significant daily decline from Wednesday to Thursday of 7.5%. This was helped by a steady supply of electricity from renewable sources.

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 13/02/2025 to 13/02/2026

Overall the average price of Electricity has gone DOWN by 50.64%
Overall the average price of Gas has gone DOWN by 84.30%
LATEST WHOLESALE ELECTRICITY PRICE MOVEMENT

Latest Electricity Wholesale Prices
LATEST WHOLESALE GAS PRICE MOVEMENT

Latest Wholesale Gas Prices

 

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