Report explains the factors influencing global energy prices and what this means for the UK.
The half-yearly Energy Market Report from the Energy Advice Hub, published today, summarises the energy markets in autumn/winter 2025 and gives a market forecast for the next six months.
It’s not so long ago that UK gas and power markets were trending downwards thanks to strong renewable output and mild weather. As recently as December, prices were hitting multi-month lows. The report shows how dramatically energy prices shot up after the Iran conflict began in February. What can we expect as we move into summer?
Download the Winter 2025 Energy Market Report here
Global energy markets remain highly competitive, volatile and sensitive to changes in the geopolitical situation.
The report discusses various factors contributing to energy price changes, including:
- Conflict in the Middle East
- Gas storage levels in the UK and Europe
- The state of energy infrastructure
- LNG supply chain challenges
- Renewable output and uptake
- Fuel switching
- How weather will be a key driver
There is also useful insight into the structural pressures on European power and gas prices.
The report ends with an energy market forecast for the next six months. This concise report is essential reading for any business with energy contract renewal on the horizon, and it’s free to download.
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