Report
18 May 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 April and the forward looking trends, so you can enhance your energy procurement strategy and make decisions with confidence.

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.
Gas and power markets softened overall in April, driven by improved sentiment around the US-Iran ceasefire, stable Norwegian maintenance schedules and strong UK short-term fundamentals. Prices rebounded mid-month as Middle East risks persisted, but high renewables output, moderate temperatures and reduced gas-for-power demand helped offset bullish pressure.
To stay up to date with the day-to-day happenings in the energy market, check out our daily market watch report.
Curve prices saw some relief to mid-April, with bearish pressures beginning to arise on the back of geopolitical resolutions – although these rose again into the second half of the month. This demonstrates how rapidly a correction can occur on positive news."
Callum Taylor
Energy Market Analyst
Zenergi