High Energy Prices: What Does the Future Hold for the UK Market?

Synopsis

The UK is entering one of the most severe energy crises in decades. It is comparable to the combined impact of the 1970s oil shocks and the Ukraine conflict. Global supply disruptions and escalating tensions in the Middle East are driving volatility. Wholesale electricity prices are rising again. This will place significant cost pressure on UK businesses. This session will explore what this will mean as the market shifts. It will assess how rising prices are expected to reshape energy costs and investment decisions. It will also outline how energy buyers can act to manage risk and support renewable energy strategies.

• Crisis unfolding in real time: Global disruptions and gas linked marginal pricing are expected to drive sustained upward pressure on UK wholesale electricity prices.
• What this will mean for businesses: Rising prices are likely to impact cost structures, procurement strategies, and investment in renewable energy.
• Acting ahead of the curve: Practical approaches, including hedging, contract structuring, and demand optimisation, to manage volatility and unlock long term value.