Daily Energy Market Report & Business Rates | Smart Energy Co

📢 Daily Energy Market Report – 02/04/2025

From The Smart Energy Company – Specialists in Fixed-Term Business Energy Contracts

📌 Key Takeaways

✅ NBP gas prices spike 5.77% — Putin rejects ceasefire proposal
✅ Power drops again — gas and renewables sending mixed signals
✅ Brent slips as global markets brace for Trump’s retaliatory tariffs

📊 Gas & Electricity Price Movements

📌 Business Insight

✅ Gas has broken back above 100p/th for the first time since 25th March, ending a period of relative stability — a psychological level to monitor if upward momentum continues.


✅ Power is now down 23% compared to last month — a strong opportunity to secure a fixed electricity contract before further volatility returns.

📅 Month-Ahead Energy Price Movements – May 2025

📌 Why the Movement?

✅ Gas surged on political tensions and forecasts for colder April weather
✅ Power month-ahead climbed as wind forecasts falter, increasing reliance on gas



💡 Business Tip: Market conditions are turning again — don’t assume the recent softness will last.

⚡ What’s Driving the Market?

🔹 Gas Market Overview

• NBP May-25 contract up 5p/th as Putin rejects ceasefire terms
• Front-month NBP sits at 102.65p/th, with TTF at €42.45/MWh
• Hedge fund positioning in TTF contracts exceeds 60% of volume — market volatility risk
• EU storage at 34% — injections slow, but seasonal demand fading
• UK system almost balanced today — mild temps keeping demand soft

✅ Business Impact: Spikes like today may continue as volatility builds — locking in during short dips is a safer long-term bet.

🔹 Power Market Overview

• Day-Ahead UK power down another 12.52%, now at £76.94/MWh
• UK Baseload May-25 sits at £80.00/MWh, up £1.15/MWh from the previous close
• Solar output remains strong, but wind is lagging — gas burn rising
• German power stable as solar and mild temps soften demand

✅ Business Impact: Power remains turbulent — strong solar is helping now, but don’t rely on it long term.

🔹 Oil Market Overview

• Brent crude slipped 0.37% to $74.49/bbl
• Market braces for Trump’s reciprocal tariffs announcement today
• Fears remain around secondary sanctions on Russian oil and possible military action in Iran
• Trade war rhetoric grows — concern over demand destruction may soon outweigh supply fears



📌 Insight: Watch oil not just for fuel pricing — it's a barometer for wider macroeconomic risk, which directly influences energy prices too.

📈 Recent Market Trends (See Chart Below)

• Gas: Big spike today, now nearly 58% up year-on-year
• Power: Trending sharply down again — volatility remains elevated



📌 Trend Summary: Short-term softness remains attractive — especially for businesses with flexibility

🔹 When Should You Lock in Your Next Energy Contract?

📌 Advice Based on Your Renewal Timeline:

💼 Secure Your Rates Today —

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✅ Final Thoughts From The Smart Energy Company

• Gas just posted its largest daily rise in nearly 2 weeks
• Power dropped again — but month-ahead bounced
• The ceasefire breakdown + cold snap = market nerves



📌 Business Takeaway: Don’t get caught out by a rebound. Lock in part of your usage at today’s lower levels while the window is open.