Electricity Market Movements

UK power prices dipped towards the end of September as mild forecasts and falling gas prices reduced pressure.

Wind generation declined and nuclear output remained limited, increasing reliance on gas-fired power stations.

Stable supply fundamentals supported further easing in forward power prices.

Gas Market Movements

Gas prices softened with strong LNG imports, easing Norwegian maintenance, and comfortable storage levels across Europe.

UK demand rose due to cooler weather and lower renewable output, but increased supply helped offset market impact.

Geopolitical concerns and extended strike action at French LNG terminals added some upward pressure.

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