Report

20 Jun 2025

Monthly Market Report: May

Monthly Market Report: May

7.14%

increase in gas prices.

5.91%

increase in power prices.

Stay informed on the latest trends, news, and forecasts in the UK energy market with valuable insights from our energy market specialists. Understand the developments in May and the forward looking trends, so you can enhance your energy procurement strategy and make decisions with confidence.

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Whether you are navigating the complexities of a fixed price contract or exploring a more flexible energy arrangement, our team is here to support you. We offer expertise in continuously monitoring market conditions to provide valuable insights, empowering you to make well-informed decisions. Our tailored approach ensures your specific needs and risk appetites are met.

In May, wholesale gas and power prices bounced back from yearly lows, driven by shifting UK and global factors like changing weather forecasts, reduced Norwegian gas flows, and easing US tariff pressure.

To stay up to date with the day-to-day happenings in the energy market, check out our daily market watch report.

Upwards momentum starts to build, rebounding from the lows in late April and early May - with bullish drivers becoming more prominent approaching Summer.

Callum Taylor

Energy Market Analyst

Zenergi

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