Report
18 Jun 2026
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.
Access here
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.
Wholesale markets remained elevated throughout May, particularly for electricity, as ongoing supply-side pressures and the US-Iran conflict continued to support higher prices. While Norwegian maintenance caused some reductions in output and EU storage levels improved, slower injection rates could create further bullish pressure into summer 2026 and beyond.
To stay up to date with the day-to-day happenings in the energy market, check out our daily market watch report.
In May, a large anticipated supply reduction from Norway due to the maintenance period added complexity. Middle Eastern pressures added a large layer of uncertainty into the mix, offsetting bearish factors at play.”
Callum Taylor
Energy Market Analyst
Zenergi
Hear from the experts.
Download full report
