Resource

08 Apr 2025

Monthly Market Report: March

Monthly Market Report: March

6.00%

decrease in gas prices.

4.42%

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 March 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.

As the month began, the market hit a temporary bottom, driven by improved Russian-Ukrainian relations. However, shifting global geopolitics, concerns over EU gas storage levels, and continued US tariff impositions contribute to a sense of uncertainty for the near future.

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

March proved to be a particularly interesting month to close the quarter, marked by significant market fluctuations in both directions. "

Callum Taylor

Energy Market Analyst

Zenergi

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