Report

10 Dec 2025

Monthly Market Report: November

Monthly Market Report: November

8.72%

decrease in gas prices.

3.93%

decrease 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 November 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.

Forward gas prices continued to decline in November, with day-ahead rates remaining highly competitive and markets reaching their most favorable levels since early 2024. Power prices mirrored this trend, driven by mild European weather, progress toward a Russia-Ukraine peace deal, and abundant global LNG supply.

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

Overall - positive weather fundamentals across Europe, stronger forecast renewables generation this Winter, easing Global geopolitics, and plentiful supply of LNG has offset relatively weak EU storage levels in Europe through November.”

Callum Taylor

Energy Market Analyst

Zenergi

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