29/07/2026
Business Energy Market Update
29 July 2026
๐ Market remains volatile
Wholesale energy prices continue to be driven by uncertainty in the Middle East. While diplomacy has helped calm markets slightly, concerns over oil and LNG supplies continue to support prices.
โก Key highlights
Gas: Prices remain firm due to low wind generation and tighter gas supplies.
Electricity: Prices have eased slightly, although nuclear outages continue to support the market.
๐ What this means
If your energy contract is due for renewal within the next 6โ12 months, now is a good time to review your options rather than waiting until the last minute.
๐ก Utility Helpline's View
Markets are likely to remain volatile. Keeping a close eye on prices and acting when opportunities arise remains the best strategy.
Need advice?
Our experts monitor the market every day to help businesses secure competitive energy contracts.
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