- UK electricity prices rose by around £1.75/MWh over the past month as coal and gas prices staged a modest recovery. The UK front-month baseload contract rose to average £37.05/MWh in July from £35.8/MWh in June, an increase of 3.5%. The gains reflected strength in related coal and gas markets.
- UK forward prices for electricity also strengthened further and continue to reflect tightness over the coming winter. Baseload prices for the coldest winter months are now above £48/MWh, up by around 6% from £45/MWh last month. Peakload prices are trading at around £58.9/MWh over the same period, up from £53.4/MWh on average last month.
Log in or register for a free trial to continue reading this article
Already a subscriber?
If you already have a subscription, sign in to continue reading this article.Sign in
Not a subscriber?
To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.Sign up