Report
11 Aug 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 July 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.
Global energy prices remained elevated in July as renewed Middle East tensions pushed wholesale electricity and gas prices higher. Strong cooling demand, supply uncertainty and lower storage levels added further pressure, with 12-month electricity prices exceeding their March peak.
To stay up to date with the day-to-day happenings in the energy market, check out our daily market watch report.
Despite a minor bearish correction throughout June, the market trajectory once again flipped in July with a net bullish result emerging from month open to month close – highlighting volatility and price sensitivity along the curve.
Callum Taylor
Energy Market Analyst
Zenergi
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