
Energy Market Update – 2026 Outlook
Wholesale energy prices eased in 2025, but stability is still fragile. Gas and power remain well above pre-crisis levels, while rising grid costs, new nuclear charges, and geopolitical risk continue to pressure business energy bills. This update breaks down what moved prices in 2025, what could shake markets in 2026, and how UK businesses can protect their budgets before regulatory costs rise again.







