Report
26 Feb 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 January 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.
A previously bearish market in late Q4 25 shifted to a more unstable and bullish position, driven by colder weather, stronger Asian LNG demand, rising US pressures, and ongoing concerns over EU storage levels. This move away from oversupplied conditions has extended beyond gas and power, with oil markets also tightening amid renewed geopolitical uncertainty.
To stay up to date with the day-to-day happenings in the energy market, check out our daily market watch report.
Generally, we expect a volatile start to most years, and market fluctuations witnessed throughout January were not against the normal trend in terms of overall volatility; bullish outcomes are also expected in most years through early Q1”
Callum Taylor
Energy Market Analyst
Zenergi
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