UK Energy Market Update
Mid - April 2026

Energy markets moved lower through mid-April, as improved geopolitical sentiment and supply-demand conditions reduced pressure across gas and power markets, despite ongoing uncertainty.

Electricity Market Movements

Power prices have largely declined over the past two weeks, with markets easing from earlier highs as conditions stabilised following recent geopolitical developments.

Strong renewable generation and increased nuclear output have created a softer supply picture, reducing pressure on electricity prices.

Reduced consumption, driven by warmer temperatures, longer daylight hours and the Easter period, has further weighed on short-term market activity.

Gas Market Movements

Gas prices moved lower following improved optimism about de-escalation in the Middle East, easing immediate concerns over supply disruption.

LNG supply across Europe has remained steady, with no immediate shortage despite ongoing disruptions.
 

Lower demand and increased pipeline imports have supported the market balance, contributing to downward pressure on short-term prices.

While prices have softened in recent weeks, markets remain sensitive to geopolitical developments and LNG flows. Storage levels and demand trends will continue to play a key role as gas reserves begin to build again.

At CES, we help businesses navigate changing market conditions with risk-managed procurement strategies built for stability and long-term planning.