Post by Energycentric

UK Business Energy Market Update – 29 June 2026 Energy markets have opened the week broadly supported, with supply fundamentals improving but geopolitical uncertainty still firmly in play. ⚖️ What’s driving the balance? • Strong Norwegian gas imports boosting UK supply • Ongoing tension around the Strait of Hormuz • Continued concerns over LNG shipping routes ⚡ Power market insight: • Weaker wind, solar and hydro output supporting prompt prices • Lower gas prices easing longer-dated power contracts 📊 Market outlook: The market remains finely balanced — with short-term support from geopolitics and renewables, but longer-term pressure from improving supply and softer gas. ⚠️ What this means for businesses: • Volatility remains a key theme • Prices can move quickly on global developments • Opportunities may arise, but timing is critical 👉 Bottom line: Markets are stabilising, but uncertainty remains — and flexibility is key in a reactive energy landscape. Read the full report here: https://lnkd.in/ej5-G7YS #EnergyMarket #BusinessEnergy #UKEnergy #EnergyPrices #MarketUpdate