European Gas Prices Slide to an 18-Month Low as Weather and Geopolitics Ease Market Pressure
November 25, 2025
Europe’s Energy Storage Capacity Is Expected to Reach 100 GW This Year, With Projections to More Than Double by 2030
November 27, 2025
Ofgem has confirmed a 0.2% rise in the domestic energy price cap for January–March 2026, taking the typical dual-fuel annual bill to £1,758 — around £3 more than the current quarter.
The increase isn’t being driven by wholesale markets (which have fallen recently), but by growing network and policy costs — including a small additional charge to help fund major infrastructure projects like Sizewell C.
While the uplift is modest — roughly 28p a month for the average household — the wider picture remains challenging. Many families are still coping with bills far above pre-2022 levels, and analysts expect further pressure from “non-energy” costs as Britain upgrades grids and accelerates the transition to a low-carbon system.
Why this matters:
- The cap reflects a shift in what drives bills: not just gas prices, but the cost of modernising the energy system.
- Without policy changes, forecasts point to another rise in April 2026, largely from network and levy increases.
- This makes targeted affordability measures — especially for vulnerable customers — increasingly urgent.