Why are Power - UK Baseload (EEX) Prices so high?
30-09-2026 - Over the past month, the UK Baseload (EEX) price has risen from £127.22/MWh to £134.4/MWh, indicating a strengthening market for this commodity. This increase may be due to changes in supply-demand dynamics or external economic factors affecting energy prices. However, the forecast suggests a decline, with prices expected to drop to £125.17/MWh, a 6.9% decrease from the current £134.4/MWh. This anticipated downward trend highlights potential volatility in raw material prices, which could impact the accuracy of the forecast.
The forecast indicates downward pressure on raw material prices, primarily influenced by technical data, which contributes a -4.19 £/MWh impact. Price signals further decrease the forecast by -6.32 £/MWh, while the futures curve adds a positive impact of 4.78 £/MWh. All data types consistently predict lower prices.
In parallel, Elbe Energie's analysis from November 4, 2023, reports that the German power futures market saw prices around €125/MWh on October 26, 2023. They predict a stabilization at approximately €120/MWh over the next four weeks, suggesting a slight decrease. This projection aligns with the forecast of £125.17/MWh for the UK Baseload, reinforcing the expectation of a downward trend in the market.
The forecast indicates downward pressure on raw material prices, primarily influenced by technical data, which contributes a -4.19 £/MWh impact. Price signals further decrease the forecast by -6.32 £/MWh, while the futures curve adds a positive impact of 4.78 £/MWh. All data types consistently predict lower prices.
In parallel, Elbe Energie's analysis from November 4, 2023, reports that the German power futures market saw prices around €125/MWh on October 26, 2023. They predict a stabilization at approximately €120/MWh over the next four weeks, suggesting a slight decrease. This projection aligns with the forecast of £125.17/MWh for the UK Baseload, reinforcing the expectation of a downward trend in the market.
What is the current / spot price of Power - UK Baseload (EEX)?
Power - UK Baseload (EEX) Price Today
September 30, 2026
Current Price
134.4
What is the forecast for the price of Power - UK Baseload (EEX)?
Power - UK Baseload (EEX) Price Forecast
September 30, 2026
1 Month Forecast
125.17
1 Year Forecast
120.72
What are the short-term drivers of Power - UK Baseload (EEX) prices?
Over the 1 Month horizon the outlook is bearish due to drivers such as: - EWMA-based technical analysis - Long term price trends Br(None) The top contrary drivers for the 1 Month horizon are: - The shape of the futures curve (adjusted for the risk free rate and price volatility) - Seasonality trends for the prediction month of year
What are the long-term drivers of Power - UK Baseload (EEX) prices?
Over the 1 Year horizon the outlook is bearish due to drivers such as: - Long term price trends - Seasonality trends for the prediction week of year - Japan PMI Br(None) The top contrary drivers for the 1 Year horizon are: - Movements in the Uk Pound Spot - The shape of the futures curve
Will the price of Power - UK Baseload (EEX) go up?
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