4 FAQs about UK outdoor power prices

How much does power cost in the UK?

The day-ahead power price in the UK hit $296.28 (£241.49) per megawatt-hour (MWh) on Tuesday, with the day-ahead price for the peak evening demand soaring to $760.68 (£620.00) per MWh. With wind now generating the largest share of UK power generation, periods of low wind speeds tend to result in power price spikes.

Why are UK power prices so high?

With wind now generating the largest share of UK power generation, periods of low wind speeds tend to result in power price spikes. Wind power overtook natural gas to become – for the first time ever – the UK's largest source of electricity generation for a full year in 2024, the National Energy System Operator (NESO) said earlier this month.

When did the UK electricity price reach an all-time high?

Historically, the United Kingdom Electricity Price reached an all time high of 580.55 in September of 2022. Electricity prices displayed in Trading Economics are based on spot benchmarks offered by sellers to buyers priced in megawatts per hour (MWh) in the local currency.

How much has UK electricity decreased since 2026?

UK Electricity decreased 20.51 GBP/MWh or 20.02% since the beginning of 2026, according to the latest spot benchmarks offered by sellers to buyers priced in megawatt hour (MWh). Historically, the United Kingdom Electricity Price reached an all time high of 580.55 in September of 2022.

UK Power Prices Climb Amid Colder Weather and Dip in Wind

UK day-ahead electricity prices climbed to the highest since June, as a lull in wind-power output coincides with colder weather that''s increasing energy demand.

UK Electricity Prices Jump to Two-Year High as

UK power prices surged to a two-year high due to low wind speeds, highlighting the challenges of relying heavily on intermittent

United Kingdom Electricity Price

UK Electricity decreased 20.51 GBP/MWh or 20.02% since the beginning of 2026, according to the latest spot benchmarks offered by sellers to buyers priced in megawatt hour (MWh). This

System Price of electricity

Daily data showing the System Price of electricity, and rolling seven-day average, in Great Britain. These are official statistics in development. Source: Elexon.

UK Electricity Prices Jump to Two-Year High as Wind Power

UK power prices surged to a two-year high due to low wind speeds, highlighting the challenges of relying heavily on intermittent renewable energy sources.

Daily UK Energy Market Update | Gas & Power Prices Today

Get the latest UK gas and electricity wholesale prices. Updated daily with power market insights, price trends, and tips to help your business stay ahead.

current gas and electricity prices

This page shows current gas and electricity prices. Elsewhere on this website, when we refer to savings or costs, these are based on these prices unless otherwise stated.

Weekly wholesale pricing data

We continually monitor the performance of the Single Electricity market and the elements that contribute to market performance including fuel price,

Weekly wholesale pricing data

We continually monitor the performance of the Single Electricity market and the elements that contribute to market performance including fuel price, demand and wind availability.

Daily UK Energy Market Update | Gas & Power

Get the latest UK gas and electricity wholesale prices. Updated daily with power market insights, price trends, and tips to help

Energy prices in the UK

Monthly average wholesale electricity prices and gas prices in Great Britain displayed a growing trend in October 2024 and amounted to 89 British pounds per megawatt

Gas & Electricity Prices per kWh in the UK | The Energy Shop

When comparing gas and electricity prices, we must look at two parts of an energy bill. This includes the ''Standing Charge'' applied daily, whether energy is used or not, and the

Energy prices in the UK

Monthly average wholesale electricity prices and gas prices in Great Britain displayed a growing trend in October 2024 and amounted to

Average Price of Electricity Per kWh in the UK (2025)

Electricity prices in the UK remain a key concern for households in 2025, shaped by regional differences, supplier tariffs, and how you choose to pay. Understanding how unit rates

View/Download UK outdoor power prices [PDF]

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