UK Gas rose to 78.56 GBp/thm on September 1, 2025, up 0.94% from the previous day. Over the past month, UK Gas's price has fallen 7.13%, and is down 15.30% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. UK Natural Gas - values, historical data, forecasts and news - updated on September of 2025.

The average gas price in Great Britain in June 2025 was 86.28 British pence per therm. This was four pence higher than the same month the year prior and follows a trend of increasing gas prices. Energy prices in the UK Energy prices in the UK have been exceptionally volatile throughout the 2020s. Multiple factors, such as a lack of gas storage availability and the large share of gas in heating, have exacerbated the supply issue in the UK that followed the Russia-Ukraine war. This has also led to many smaller suppliers announcing bankruptcy, while an upped price cap threatened the energy security of numerous households. The United Kingdom has some of the highest household electricity prices worldwide. How is gas used in the UK? According to a 2023 survey conducted by the UK Department for Energy Security and Net Zero, 58 percent of respondents used gas as a heating method during the winter months. On average, household expenditure on energy from gas in the UK stood at some 24.9 billion British pounds in 2023, double the amount spent just two years prior.

The National Balancing Point (NBP), the UK's natural gas benchmark, amounted to 79.68 British pence per therm on July 28, 2025, for contracts with delivery in August. Prices are generally higher in the winter months due to greater gas heating demand, especially in weeks of colder weather. The UK NBP, along with the Dutch TTF, serve as benchmarks for natural gas prices in Europe. Impact on consumer prices and household expenditure post-2022 Fluctuations in wholesale natural gas prices often have immediate impacts on UK consumers. In 2023, the consumer price index for gas in the UK rose to 195 index points, using 2015 as the base year. This increase has translated into higher household expenditure on gas, which reached approximately 24.89 billion British pounds in 2023. This figure represents a 23 percent increase from the previous year and a staggering 91 percent rise compared to two years earlier, highlighting the growing financial burden on UK households. Consumption patterns and supply challenges The residential and commercial sector remain the largest consumers of natural gas in the UK, using an estimated 42 billion cubic meters in 2024. This was followed by the power sector, which consumed about 13 billion cubic meters. The UK's reliance on gas imports has grown due to declining domestic production. This shift has led to an increased dependence on liquefied natural gas imports and pipeline inflows to meet demand.

Natural gas fell to 2.97 USD/MMBtu on September 1, 2025, down 0.76% from the previous day. Over the past month, Natural gas's price has risen 1.44%, and is up 36.86% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on September of 2025.

TTF Gas rose to 32.35 EUR/MWh on September 1, 2025, up 2.31% from the previous day. Over the past month, TTF Gas's price has fallen 5.64%, and is down 16.08% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas TTF - values, historical data, forecasts and news - updated on September of 2025.

Daily data showing SAP of gas, and rolling seven-day average, traded in Great Britain over the On-the-Day Commodity Market (OCM). These are official statistics in development. Source: National Gas Transmission.

Wholesale price for natural gas in the United Kingdom is projected to rise from 47 to 64 British pence per therm between 2020 and 2035, respectively. Figures are expected to remain at 64 British pence per therm in 2040.

The price of gas in the United Kingdom was *** British pence per therm in the fourth quarter of 2024. It is anticipated gas prices will increase to *** pence in the second quarter of 2025 before gradually falling to just under ** pence by the second quarter of 2027.
Surging energy costs and the cost of living crisis At the height of the UK's cost of living crisis in 2022, approximately ** percent of UK households were experiencing rising prices compared with the previous month. It was during 2022 that the UK's CPI inflation rate reached a peak of **** percent, in October of that year. Food and energy, in particular, were the main drivers of inflation during this period, with energy inflation reaching **** percent, and food prices increasing by **** percent at the height of the crisis. Although prices fell to more expected levels by 2024, an uptick in inflation is forecast for 2025, with prices rising by *** percent in the third quarter of the year. Global Inflation Crisis The UK was not alone in suffering rapid inflation during this time period, with several countries across the world experiencing an inflation crisis. The roots of the crisis began as the global economy gradually emerged from the COVID-19 pandemic in 2021. Blocked-up supply chains, struggled to recover as quickly as consumer demand, with food and energy prices also facing upward pressure. Russia's invasion of Ukraine in February 2022 led to Europe gradually weening itself of cheap Russian energy exports, while for several months Ukraine struggled to export crucial food supplies to the rest of the World.

United Kingdom BOE Forecast: Gas Prices data was reported at 60.000 0.01 GBP/Therm in 2021. This records a decrease from the previous number of 61.000 0.01 GBP/Therm for 2020. United Kingdom BOE Forecast: Gas Prices data is updated yearly, averaging 56.500 0.01 GBP/Therm from Dec 2014 (Median) to 2021, with 8 observations. The data reached an all-time high of 71.000 0.01 GBP/Therm in 2018 and a record low of 37.000 0.01 GBP/Therm in 2015. United Kingdom BOE Forecast: Gas Prices data remains active status in CEIC and is reported by Bank of England. The data is categorized under Global Database’s United Kingdom – Table UK.P009: Crude Oil and Gas Prices: Forecast.

Gasoline Prices in the United Kingdom remained unchanged at 1.81 USD/Liter in August. This dataset provides the latest reported value for - United Kingdom Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

British gas price is expected to continuously increase until 2035, when prices are forecasted to stabilize. In 2035, low, central and high are expected to reach 43, 64 and 88 British pence per therm, respectively.

The high, central and low projections are used by Her Majesty's Government for policy appraisal and modeling work. Gas prices are influenced by a number of external factors, including new projects in places such as Australia, weather conditions affecting demand, and the price of oil relative to gas.

The Gas Utilities industry in Europe has been anything but steady recently. The Russia-Ukraine war has rocked the whole supply chain, with Russia tightening its gas supply, Europe hustling to cut its reliance on Russian gas and gas prices shooting up following the initial invasion. Amid unprecedented price increases and threats to the supply of gas into Europe, European governments have been forced to step in to support customers and protect energy supplies. All that aside, the industry remains threatened by a long-term decline in gas consumption and accelerating efforts to transition to renewable sources of energy. Revenue is forecast to climb at a compound annual rate of 1.4% over the five years through 2025, reaching €401.9 billion. This growth is almost solely attributable to a spike in revenue recorded during 2022, which followed a recovery from pandemic-induced lows during 2021, when prices and demand recovered as global economic activity rebounded. Russia’s invasion of Ukraine kicked off a period of significant disruption in energy markets, with a surge in gas prices leading to record revenue and profitability for gas manufacturers while causing substantial losses for gas suppliers. Wholesale prices have eased from record highs as European governments have reduced reliance on Russian gas. At the same time, a drop in demand for gas has also contributed to a revenue contraction since the height of the energy crisis. Revenue is set to decline by 3.9% in 2025. Revenue is forecast to increase at a compound annual rate of 1% to €422.2 billion over the five years through 2030. European markets are set to pursue a green revolution in the coming years, with investment in renewable energy sources gathering pace as European governments strive towards emissions reduction targets. Investment in green alternatives to natural gas is likely to lead to a fall in demand, with plans set out by the European Commission to at least triple solar thermal capacity by 2030, displacing the consumption of nine billion cubic metres of gas annually. Gas prices are set to continue to stabilise in the short term, before falling rapidly as renewable generation capacity rises.

The average monthly price for natural gas in the United States amounted to **** nominal U.S. dollars per million British thermal units (Btu) in July 2025. By contrast, natural gas prices in Europe were about three times higher than those in the U.S. Prices in Europe tend to be notably higher than those in the U.S. as the latter benefits from being a major hydrocarbon producer. Europe's import reliance European prices for natural gas rose most notable throughout the second half of 2021 and much of 2022, peaking at over ** U.S. dollars per million Btu in August 2022. The sharp rise was due to supply chain issues and economic strain following the COVID-19 pandemic, which was further exacerbated by Russia’s invasion of Ukraine in early 2022. As a result of the war, many countries began looking for alternative sources, and Russian pipeline gas imports to the European Union declined as a result. Meanwhile, LNG was a great beneficiary, with LNG demand in Europe rising by more than ** percent between 2021 and 2023. How domestic natural gas production shapes prices As intimated, the United States’ position among the leaders of worldwide natural gas production is one of the main reasons for why prices for this commodity are so low across the country. In 2024, the U.S. produced more than ************ cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.

Natural gas production in the United Kingdom is expected to fall from ** billion cubic meters in 2025 to *** billion cubic meters in 2050. Meanwhile, demand for gas is expected to fall by about ********** until 2050.

Alaska contains approximately 27 trillion cubic feet (Tcf) of known natural gas reserves equal to 16% of U.S. reserves. Gas reserves in southern Alaska (Cook Inlet) have been exported in limited quantities for over 30 years. The much larger gas reserves in northern Alaska are stranded by the lack of a means of transportation to market. Four percent (1 Tcf) of Alaska's remaining exportable gas reserves occur within fields in the Cook Inlet basin of southern Alaska. Ninety-six percent of Alaska's gas reserves (26 Tcf) occur within fields in or near the Prudhoe Bay field in northern Alaska and these stranded reserves are presently attracting many proposals for development. In addition to the Prudhoe Bay-area reserves, the Mackenzie delta area in Canada (300 miles east of Prudhoe Bay) contains 9 - 12 Tcf of stranded gas reserves in fields mostly under 1 Tcf in size that are also a focus of emerging proposals for development. The known gas reserves are dwarfed by the potential for undiscovered gas in Arctic Alaska and nearby areas of the Mackenzie delta of northwest Canada. If the undiscovered gas resources in the Mackenzie delta (53 Tcf) are added to those of the North Slope (64 Tcf) and Federal submerged lands on the Beaufort (32 Tcf) and Chukchi shelves (60 Tcf), the Arctic regional gas resource potential totals 209 Tcf a quantity equal to 33% of the total U.S. undiscovered conventional gas resource base (626 Tcf). Arctic Alaska and the Mackenzie delta seem destined to someday become major producing areas for natural gas. For the long-term outlook, the undiscovered gas resources may be overshadowed by the immense potential for gas extracted from methane hydrates in the northern regions. For northern Alaska, 590 Tcf of gas (in place) are estimated to be sequestered in methane hydrates associated with permafrost. The Prudhoe Bay-area reserves and the discovered reserves in the Mackenzie delta are the key assets that will drive near-term strategic decisions about how to transport and market stranded natural gas from the Arctic. To date, the natural gas in the oil fields of the Prudhoe Bay area has been re-injected to increase oil recovery and used to fuel production facilities. Therefore, there has been no urgency for any decision about the ultimate disposition of the gas an energy asset equivalent to 4.6 billion barrels of oil or $130 billion U.S. Now, Prudhoe Bay oil production is falling rapidly (10% per year) while annual gas production at Prudhoe Bay has risen to 3 Tcf a remarkable quantity equal to the domestic gas consumption of either Germany, the U.K., or Canada, and equal to 14% of current U.S. gas consumption. Limited gas sales could begin at any time from the Prudhoe Bay-area fields without affecting long-term oil recovery and gas sales may help avoid capital outlays for new gas-handling equipment. At present, three concepts are in the forefront for commercializing the stranded gas resources in northern Alaska and Mackenzie delta: ? New gas pipelines that link to existing pipelines in Canada. Build new gas pipelines to carry the gas from Prudhoe Bay and Mackenzie delta to northern Alberta or British Columbia, where the new pipeline would join the Canadian pipeline network and supplement ongoing transmission gas exports to the U.S.

The size of the United Kingdom Midstream Oil and Gas Software Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of % during the forecast period. The midstream oil and gas software market in the UK has experienced a growth rate of quite a good percentage. This arises from the increasing complexity in energy logistics as well as the ever-growing requirement to be more operationally efficient. Midstream operations involve transporting, storing, and processing of oil and gas, making software solutions critical in optimizing the activities. No better time to depend on high-level software solutions will spring up in the UK's energy landscape as it moves toward a more sustainable one, and perhaps no better chance for midstream operators to depend on those sophisticated software solutions for overall safety compliance and operational performance improvements. Some of the other megatrends in this industry are using cloud-based platforms for real-time analytics and monitoring, enabling companies to make decisions on how to manage supply chains or maintain asset integrity. Automation and artificial intelligence are applied and implemented in new software solutions. Predictive maintenance and times between failures are improved with this design. Thus, the midstream sector is also under the pressure of the UK's commitment to reducing carbon emissions. Companies are considering software that will track emissions and enforce conformity in meeting national and international sustainability objectives. Furthermore, the renewed interest in hydrogen and other alternative fuel sources spur the midstream operators to tailor the solutions in their software to include a range of energy sources. For the midstream oil and gas software of the UK, the medium and long-term perspective remains positive despite constraints such as regulatory compliance and cybersecurity threats. The next couple of years would therefore see increased investment into technology and innovations that ensure medium term growth and efficiency in operations at midstream. Key drivers for this market are: 4., Favorable Government Policies and Increasing Adoption of Solar PV Systems4.; Soaring Electricity Prices Incentivized Installing Solar PV Systems for Self-Consumption. Potential restraints include: 4., The Growth of Other Renewable Technologies Such as Wind and Bioenergy. Notable trends are: Transportation Sector to Witness Growth.

Short-Term-Debt Time Series for Shell plc. Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and other Americas. It operates through Integrated Gas; Upstream; Marketing; Chemicals and Products; and Renewables and Energy Solutions segments. The company explores for and extracts natural gas to produce liquefied natural gas or convert into gas-to-liquids products; explores for and extracts crude oil and natural gas liquids; and operates upstream and midstream infrastructure to deliver gas to market. It is also involved in marketing supplies fuels and lubricants for transport, manufacturing, mining, power generation, agriculture, and construction industries; operates electric vehicle charging and convenience retail; turn crude oil and other feedstocks into products for households, industry, and transport; trades crude oil, oil products, and petrochemicals; and oil sand activities. In addition, the company generates, markets, and trades power from wind, solar and pipeline gas; hydrogen production and marketing; commercial carbon capture and storage hubs; carbon credits and nature-based solutions; and provides heavy-duty LNG-fuelled trucks. Further, it offers base chemicals, including ethylene, propylene, and aromatics, as well as intermediate chemicals, such as styrene monomer, propylene oxide, solvents, linear alpha olefins, detergent alcohols, ethylene oxide, ethylene glycol, and polyethylene. The company was formerly known as Royal Dutch Shell plc and changed its name to Shell plc in January 2022. Shell plc was founded in 1897 and is headquartered in London, the United Kingdom.

The United Kingdom CHP (Combined Heat and Power) industry is experiencing robust growth, with a market size valued at £74.08 million in 2025 and a projected Compound Annual Growth Rate (CAGR) of 6.13% from 2025 to 2033. This growth is driven by several factors, including increasing energy prices, stringent environmental regulations pushing for decarbonization, and the rising demand for reliable and efficient energy solutions across various sectors. Government incentives promoting renewable energy integration and energy efficiency improvements further bolster the market. Key trends include a shift towards more sustainable and decentralized energy generation, utilizing technologies like biomass and biogas CHP systems, and the increasing adoption of smart grid technologies for optimized energy management. While challenges exist, such as the high initial investment costs associated with CHP installations and potential grid integration complexities, the long-term economic and environmental benefits are proving compelling for businesses and municipalities alike. Major players like Helec Limited, Ramboll Group, Caterpillar Inc., and Siemens Energy AG are actively shaping the market through innovation and expansion. The UK's commitment to net-zero emissions targets will continue to be a significant catalyst for the CHP sector's expansion throughout the forecast period. The industry segmentation is likely diverse, encompassing residential, commercial, and industrial applications. The regional distribution within the UK is expected to vary, influenced by factors like population density, industrial concentration, and availability of renewable resources. While precise regional data is unavailable, it is reasonable to expect higher CHP adoption in densely populated urban areas and industrial hubs with high energy demands. The historical period from 2019 to 2024 provides a baseline for understanding past performance and informing future projections. Continued investment in research and development, coupled with supportive government policies, will be crucial in overcoming existing restraints and maximizing the growth potential of the UK CHP market. The long-term outlook for the UK CHP industry remains positive, reflecting the nation's commitment to sustainable energy solutions and the inherent efficiency advantages offered by CHP technology. Key drivers for this market are: 4., Increasing Investments in the CHP-Based Power Projects 4.; Supportive Government Policies And Incentives To Develop And Operate CHP Plants. Potential restraints include: 4., Increasing Natural Gas Prices in the United Kingdom. Notable trends are: Commercial and Transportation Segment is Expected to have as Significant Share in the Market.

The European oil and gas storage tank market, valued at approximately €15 billion in 2025, exhibits robust growth potential, projected to expand at a compound annual growth rate (CAGR) exceeding 3% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, increasing energy demand across Europe necessitates enhanced storage infrastructure to ensure supply security and manage fluctuating energy prices. The ongoing transition towards renewable energy sources, while presenting long-term challenges, also creates short-term demand for storage solutions as intermittent renewable energy needs buffering. Furthermore, stringent environmental regulations are driving the adoption of advanced tank technologies with improved safety and emission control features. This is further boosted by geopolitical factors impacting energy supply chains, prompting a focus on regional energy independence and reliable storage solutions. Competitive landscape analysis shows that major players like Royal Vopak NV, Oiltanking GmbH, and others are strategically investing in capacity expansion and technological upgrades to cater to this burgeoning market. However, the market faces challenges, including high upfront capital investment for new tank construction and maintenance, and the need to comply with evolving environmental regulations. Segmentation within the market highlights a significant role for the downstream sector, driven by increased demand for refined products. Upstream and midstream segments also contribute substantially, supporting the exploration and production of oil and gas, and facilitating their transportation and distribution respectively. Regional variations exist, with Germany, the United Kingdom, Norway, and Spain representing major market segments due to their established industrial infrastructure and energy consumption patterns. While precise regional breakdowns are unavailable from the provided data, we can infer that Germany and the UK likely hold the largest market shares given their economic size and existing energy infrastructure. Continued investment in storage capacity, coupled with technological advancements and regulatory compliance, will be crucial to ensuring the long-term growth trajectory of the European oil and gas storage tank market. Recent developments include: September 2022: Germany's natural gas storage facilities reached more than 85%, displaying steady progress despite a drastic reduction in deliveries from Russia amid the war in Ukraine. The government's target to reach 85% storage capacity by October was achieved at the beginning of September., July 2022: Germany and Austria signed a deal to accelerate filling gas storage facilities. With the signing of a bilateral solidarity agreement, the two countries agreed to cooperate on the use of liquefied natural gas (LNG) infrastructure and storage filling.. Notable trends are: Midstream to Witness Significant Growth.