Why are Power - UK Baseload (EEX) Prices so high?
06-02-2026 - Over the past month, the UK Baseload (EEX) price has risen from £86.52/MWh to £90.99/MWh, indicating a strengthening market for this commodity. This increase may be attributed to changes in supply-demand dynamics or external economic factors impacting energy prices. However, the forecast predicts a decrease to £82.2/MWh, a 9.7% drop from the current £90.99/MWh, suggesting a potential downward trend. This forecast highlights the risk of market volatility affecting raw material prices.
The forecast also points to downward price pressure on raw materials, primarily influenced by technical data, which has a -£5.92/MWh impact. Significant contributors to this trend include the Futures Curve, with a -£3.14/MWh effect, and Calendar Effects, contributing -£2.21/MWh. All data types indicate no upward pressure on prices.
Additionally, an analysis by AleaSoft Energy Forecasting notes that in February 2025, European electricity market prices increased due to higher gas prices and reduced wind energy production compared to the previous month. This analysis suggests that similar factors could influence future market prices, supporting the forecasted downward trend in the EEX Power market.
The forecast also points to downward price pressure on raw materials, primarily influenced by technical data, which has a -£5.92/MWh impact. Significant contributors to this trend include the Futures Curve, with a -£3.14/MWh effect, and Calendar Effects, contributing -£2.21/MWh. All data types indicate no upward pressure on prices.
Additionally, an analysis by AleaSoft Energy Forecasting notes that in February 2025, European electricity market prices increased due to higher gas prices and reduced wind energy production compared to the previous month. This analysis suggests that similar factors could influence future market prices, supporting the forecasted downward trend in the EEX Power market.
What is the current / spot price of Power - UK Baseload (EEX)?
Power - UK Baseload (EEX) Price Today
February 6, 2026
Current Price
90.99
What is the forecast for the price of Power - UK Baseload (EEX)?
Power - UK Baseload (EEX) Price Forecast
February 9, 2026
1 Month Forecast
82.2
1 Year Forecast
78.84
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: - Seasonality trends for the prediction month of year - The shape of the futures curve - EWMA-based technical analysis - US Industrial Production Br(None) The top contrary drivers for the 1 Month horizon are: - Short term price trends
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 - EWMA-based technical analysis - The shape of the futures curve - Seasonality trends for the prediction month of year Br(None) The top contrary drivers for the 1 Year horizon are: - Movements in the Uk Pound Spot
Will the price of Power - UK Baseload (EEX) go up?
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