UK Electricity decreased 27.25 GBP/MWh or 26.60% since the beginning of 2025, according to the latest spot benchmarks offered by sellers to buyers priced in megawatt hour (MWh). This dataset includes a chart with historical data for the United Kingdom Electricity Price.

Daily data showing the System Price of electricity, and rolling seven-day average, in Great Britain. These are official statistics in development. Source: Elexon.

The average wholesale electricity price in July 2025 in the United Kingdom is forecast to amount to****** British pounds per megawatt-hour, a decrease from the previous month. A record high was reached in August 2022 when day-ahead baseload contracts averaged ***** British pounds per megawatt-hour.
Electricity price stabilization in Europe Electricity prices increased in 2024 compared to the previous year, when prices stabilized after the energy supply shortage. Price spikes were driven by the growing wholesale prices of natural gas and coal worldwide, which are among the main sources of power in the region.

… and in the United Kingdom? The United Kingdom was one of the countries with the highest electricity prices worldwide during the energy crisis. Since then, prices have been stabilizing, almost to pre-energy crisis levels. The use of nuclear, wind, and bioenergy for electricity generation has been increasing recently. The fuel types are an alternative to fossil fuels and are part of the country's power generation plans going into the future.

The United Kingdom’s demand for electricity has been declining since 2005, standing at 318.65 terawatt-hours in 2024. Factors for this decrease include declining population growth in the country, energy efficiency regulations, energy-efficient lighting, and changing consumer habits. Domestic electricity consumption in the UK Households are the largest electricity end-users in the UK. In fact, domestic consumption is the only sector that registered year-over-year growth over the past few years, reaching 93 terawatt-hours in 2023. Nevertheless, the average domestic electricity consumption varied from region to region. Consumption was highest in the East, South East, and South West of England, each registering an average of more than 3,600 kilowatt-hours per household. Declining electricity generation in the UK Keeping up with the decline in demand, electricity generation in the UK has also been decreasing. In 2023, approximately 293 terawatt-hours were produced, the lowest output in at least three decades. Although electricity generation has been declining, renewable generation has increased significantly. As of 2023, renewables accounted for the largest electricity generation capacity in the UK, and that capacity is forecast to more than double by 2050. By 2025, the use of coal is expected to have been completely phased out.

UK Gas rose to 85.31 GBp/thm on July 11, 2025, up 1.32% from the previous day. Over the past month, UK Gas's price has fallen 0.15%, but it is still 17.29% higher than a year ago, 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 July of 2025.

Spain Electricity decreased 37.61 EUR/MWh or 27.68% since the beginning of 2025, according to the latest spot benchmarks offered by sellers to buyers priced in megawatt hour (MWh). This dataset includes a chart with historical data for Spain Electricity Price.

Electricity prices in Europe are expected to remain volatile through 2025, with Italy projected to have some of the highest rates among major European economies. This trend reflects the ongoing challenges in the energy sector, including the transition to renewable sources and the impact of geopolitical events on supply chains. Despite efforts to stabilize the market, prices in countries like Italy are forecasted to reach ****** euros per megawatt hour by February 2025, indicating persistent pressure on consumers and businesses alike. Natural gas futures shaping electricity costs The electricity market's future trajectory is closely tied to natural gas prices, a key component in power generation. Dutch TTF gas futures, a benchmark for European natural gas prices, are projected to be ***** euros per megawatt hour in April 2025. This represents an increase of about ** euros compared to the previous year, suggesting that gas prices will continue to influence electricity rates across Europe. The reduced output from the Groningen gas field and increased reliance on imports further complicate the pricing landscape, potentially contributing to higher electricity costs in countries like Italy. Regional disparities and global market influences While European electricity prices remain high, significant regional differences persist. For instance, natural gas prices in the United States are expected to be roughly one-third of those in Europe by March 2025, at **** U.S. dollars per million British thermal units. This stark contrast highlights the impact of domestic production capabilities on global natural gas prices. Europe's greater reliance on imports, particularly in the aftermath of geopolitical tensions and the shift away from Russian gas, continues to keep prices elevated compared to more self-sufficient markets. As a result, countries like Italy may face sustained pressure on electricity prices due to their position within the broader European energy market.

This dataset provides values for ELECTRICITY PRICE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Browse UK Base Electricity Futures (Gregorian) (UBL) market data. Get instant pricing estimates and make batch downloads of binary, CSV, and JSON flat files.

ICE Europe Commodities iMpact is the primary data feed for ICE Europe Commodities and covers 50% of worldwide crude and refined oil futures trading, as well as other options and futures contracts like natural gas, power, coal, emissions, and soft commodities. This dataset includes all commodities on ICE Europe Commodities—all listed outrights, spreads, options, and options combinations across every expiration month. Interest rates and financial products are not included at this time and will be part of a separate dataset.

Asset class: Futures, Options

Origin: Captured at Aurora DC3 with an FPGA-based network card and hardware timestamping. Synchronized to UTC with PTP

Supported data encodings: DBN, CSV, JSON (Learn more)

Supported market data schemas: MBO, MBP-1, MBP-10, TBBO, Trades, OHLCV-1s, OHLCV-1m, OHLCV-1h, OHLCV-1d, Definition, Statistics (Learn more)

Resolution: Immediate publication, nanosecond-resolution timestamps

The average annual domestic electricity bill in the United Kingdom saw an overall increase from 2014 to 2024 and boomed in 2023. In this period, households with an annual consumption of ***** kilowatt-hours saw bills rise from *** to ***** British pounds, including value-added tax. The household expenditure on electricity in the UK amounted to approximately **** billion current British pounds in 2023. Direct debit payments consistently cheaper In the period under consideration, the annual bill for an electricity consumption of ***** kilowatt-hours was consistently more expensive for consumers using standard credit as a method of payment, averaging ***** real British pounds in 2024. From 2016 onwards, consumers using the prepayment method paid less than standard credit consumers and, in 2022, their bill was the least expensive, at *** real British pounds. Electricity prices on the rise Household electricity prices in the UK have doubled in the past decade for both consumer groups. Despite the UK government setting a tariff cap to protect consumers, the UK’s power market was greatly impacted by the global energy crisis. In August 2022, electricity prices in Great Britain peaked at *** British pounds per megawatt-hour, over four times the price compared to August the following year.

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Wind Energy Market Size 2025-2029

The wind energy market size is forecast to increase by USD 70.9 billion at a CAGR of 8.7% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing awareness of environmental pollution and the global push towards renewable energy sources. However, the market faces substantial hurdles, with high upfront costs and investments required to establish wind energy projects. Energy policy and climate policy are shaping the market, pushing for grid parity and energy efficiency. Turbine efficiency is a key focus, with advancements in yaw control, torque control, and blade pitch enhancing power curve performance.
These financial constraints necessitate strategic planning and innovative financing models for companies seeking to capitalize on this market's potential. Navigating these challenges will be crucial for stakeholders looking to succeed in the market. Land use and turbine installation are also essential considerations, with power transmission infrastructure playing a crucial role in integrating wind power into the grid. Research and development in sustainable energy have led to the integration of battery energy storage and hydrogen storage for improved energy storage capabilities.

What will be the Size of the Wind Energy Market during the forecast period?

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In the dynamic market, meteorological data plays a crucial role in optimizing wind atlas analysis for site assessment. Circular economy principles are increasingly applied, with blade recycling and material recycling reducing operational costs and promoting green technology. Sustainable investing and green finance are driving the adoption of renewable energy portfolios, including both bottom-fixed and floating wind turbines.
Wind shear and wake effect management are essential for maximizing energy output from wind farms. Offshore substations are becoming more common, enabling larger wind farms and greater grid integration. Research and development in areas like battery energy storage, control systems, and condition monitoring are also crucial to optimizing energy yield and power output.

How is this Wind Energy Industry segmented?

The wind energy industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Onshore
  Offshore


End-user

  Industrial
  Commercial
  Residential


Component

  Turbines
  Support structures
  Electrical infrastructure
  Control systems
  Others


Geography

  North America

    US
    Canada
    Mexico


  Europe

    Germany
    UK


  APAC

    Australia
    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Type Insights

The onshore segment is estimated to witness significant growth during the forecast period. Wind power has experienced significant advancements in the last decade, driving down production costs by half for new onshore projects. This economic shift has positioned wind power as the most cost-effective source of electricity generation globally. Sweden, for instance, has set ambitious targets to expand onshore wind energy, with wind temporarily surpassing traditional sources in December 2024. In this record-breaking year, wind energy generated 40.8 TWh, accounting for a quarter of the nation's electricity mix, up from 22% in 2023. During this period, wind covered 35% of Sweden's electricity demand, underscoring its growing importance. Technological innovations have played a pivotal role in this progress.

For example, blade manufacturing has evolved with the use of carbon fiber, enhancing durability and energy yield. Wind turbine design has advanced, with rotor dynamics and control systems optimized for increased power output and grid integration. Environmental regulations have also influenced the wind power industry, with a focus on climate change mitigation and carbon emissions reduction. Wind energy associations have advocated for renewable portfolio standards and condition monitoring, ensuring wind farms operate efficiently and adhere to environmental guidelines.

Offshore wind has emerged as a promising sector, with offshore installation and capacity factor improvements contributing to increased power output. Despite these advancements, challenges remain. Wind direction and wind speed variability, noise pollution, and public acceptance are critical concerns.

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The Onshore segment was valued at USD 87.00 billion in 2019 and showed a gradual increase during the forecast period.

The Wind Energy Market is rapidly expanding as nations invest in sustainable pow

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Power Transmission Lines and Towers Market Size 2023-2027

The power transmission lines and towers market size is forecast to increase by USD 11.95 billion, at a CAGR of 5.54% between 2022 and 2027.

The market is experiencing robust growth, driven primarily by the escalating demand for high-voltage transmission lines in the utility sector. This trend is fueled by the increasing adoption of renewable energy sources and the need for efficient power transmission to support the expanding energy infrastructure. Another significant factor shaping the market is the evolution of smart grids, which necessitates the installation of advanced transmission lines and towers to ensure seamless power distribution and improved grid reliability. However, the market faces several challenges that necessitate strategic planning and innovative solutions. One of the most pressing challenges is the need to meet stringent government regulations and industry standards, which require the use of high-quality materials and adherence to safety protocols.
Additionally, the complex and intricate nature of power transmission projects, coupled with the geographical challenges posed by diverse terrains and weather conditions, can significantly impact project execution and profitability. Companies operating in the market must address these challenges effectively to capitalize on the growth opportunities and maintain a competitive edge.

What will be the Size of the Power Transmission Lines and Towers Market during the forecast period?

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The market continues to evolve, driven by the ever-increasing demand for reliable and efficient electricity transmission. Lattice towers, a common type of transmission tower, are utilized to support high-voltage transmission lines, ensuring grid stability and minimizing power losses. HVAC transmission systems integrate energy efficiency into power transmission, reducing environmental impact and enhancing overall system performance. Aluminum conductors, with their lightweight and high-conductivity properties, are increasingly adopted for transmission lines, leading to improved power capacity and reduced construction costs. Project planning plays a crucial role in the market, with the implementation of advanced techniques and technologies to optimize project execution and minimize risks.

Steel-reinforced aluminum conductors offer enhanced durability and corrosion protection, extending the lifespan of transmission lines. Optical ground wires and strain insulators are essential components of modern transmission systems, providing reliable communication and ensuring the safe operation of power lines. Guyed towers and monopole towers, each with their unique advantages, are used to support transmission lines, adapting to various terrain and environmental conditions. Power transformers, a vital component of the power transmission network, undergo continuous advancements to improve efficiency and reduce losses. Quality control measures, including hot-dip galvanizing and powder coating, are employed to ensure the longevity and reliability of transmission towers and components.

The market further embraces digital substations, SCADA systems, and smart grid technologies to enhance grid stability and improve operational efficiency. The ongoing evolution of the market encompasses a multitude of components and applications, from transmission lines and towers to HVAC transmission, energy efficiency, and advanced technologies. This dynamic landscape continues to unfold, driven by the ever-changing needs of the electricity sector and the pursuit of innovation and sustainability.

How is this Power Transmission Lines and Towers Industry segmented?

The power transmission lines and towers industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2023-2027, as well as historical data from 2017-2021 for the following segments.ProductTransmission linesTransmission towersTypeHVACHVDCVoltage LevelHigh Voltage (HV - 132 kV to 220 kV)Extra High Voltage (EHV - 221 kV to 660 kV)Ultra High Voltage (UHV - > 660 kV)ApplicationHigh Tension TransmissionExtra High Tension TransmissionUltra High Tension TransmissionEnd-UserUtilities & Power GridsIndustrialRenewable Energy Projects (Wind Farms, Solar Farms)GeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKMiddle East and AfricaEgyptKSAOmanUAEAPACChinaIndiaJapanSouth AmericaArgentinaBrazilRest of World (ROW)

By Product Insights

The transmission lines segment is estimated to witness significant growth during the forecast period.

The market is witnessing significant growth, driven by the increasing demand for electricity and the expansion of renewable energy sources. Transmission lines, which

Over the past half a century, the world's electricity consumption has continuously grown, reaching approximately 27,000 terawatt-hours by 2023. Between 1980 and 2023, electricity consumption more than tripled, while the global population reached eight billion people. Growth in industrialization and electricity access across the globe have further boosted electricity demand. China's economic rise and growth in global power use Since 2000, China's GDP has recorded an astonishing 15-fold increase, turning it into the second-largest global economy, behind only the United States. To fuel the development of its billion-strong population and various manufacturing industries, China requires more energy than any other country. As a result, it has become the largest electricity consumer in the world. Electricity consumption per capita In terms of per capita electricity consumption, China and other BRIC countries are still vastly outpaced by developed economies with smaller population sizes. Iceland, with a population of less than half a million inhabitants, consumes by far the most electricity per person in the world. Norway, Qatar, Canada, and the United States also have among the highest consumption rates. Multiple contributing factors such as the existence of power-intensive industries, household sizes, living situations, appliance and efficiency standards, and access to alternative heating fuels determine the amount of electricity the average person requires in each country.

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Green Data Center (GDC) Market Size 2024-2028

The green data center (GDC) market size is forecast to increase by USD 202.4 billion, at a CAGR of 27.17% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing electricity consumption and cost associated with traditional data centers. This trend is compelling organizations to adopt energy-efficient solutions, such as GDCs, to reduce their carbon footprint and minimize operational expenses. Another key driver is the growing adoption of Data Center Infrastructure Management (DCIM) and automation technologies, which enable more efficient use of resources and improved energy management in GDCs. However, the market faces challenges as well. One major obstacle is the high cost of building and maintaining GDCs, which can be a significant barrier for entry for some organizations.
Additionally, the complexity of designing and implementing GDCs requires specialized expertise and significant investment in research and development. These challenges necessitate strategic planning and partnerships for companies seeking to capitalize on the opportunities presented by the growing demand for energy-efficient data center solutions.

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The market continues to evolve, driven by the increasing demand for sustainable and energy-efficient IT infrastructure. GDCs integrate various technologies to minimize environmental impact, including smart grids, energy storage solutions, renewable energy sources, water conservation, and data center design. These components work in tandem to optimize energy consumption, enhance reliability, and promote cooling system efficiency. Emerging trends in GDCs include the implementation of data center automation, demand response, and energy consumption monitoring. Data center design focuses on maximizing server density and improving building automation to reduce carbon footprint and enhance overall efficiency. Renewable energy sources, such as solar, wind, and hydro power, are increasingly being adopted to power data centers, while energy storage solutions ensure consistent power supply.

Water conservation is another critical aspect of GDCs, with many data centers implementing recycling systems to minimize water usage. Cooling systems are being optimized through the use of free cooling and liquid cooling to reduce energy consumption. Data center services providers offer managed services, optimization, and decommissioning solutions to help organizations navigate the complexities of GDC implementation. The ongoing dynamism of the GDC market is reflected in the evolving patterns of data center infrastructure, as organizations continue to seek ways to reduce their environmental impact while maintaining data center availability and reliability. The integration of various technologies, from HVAC systems to network infrastructure, is essential to achieving optimal energy efficiency and sustainability.

How is this Green Data Center (GDC) Industry segmented?

The green data center (GDC) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Component

  IT infrastructure
  Power solutions
  General construction
  Cooling solutions
  Monitoring and management


End-user

  BFSI
  Energy
  IT and telecom
  Others


Geography

  North America

    US


  Europe

    Germany
    UK


  APAC

    China
    Japan


  Rest of World (ROW)

By Component Insights

The it infrastructure segment is estimated to witness significant growth during the forecast period.

The digital transformation era has led an unprecedented number of businesses, particularly small and medium enterprises (SMEs), to embrace cloud computing. By 2025, it is projected that approximately 90% of SMEs will conduct their operations via cloud storage, either by housing their infrastructure in colocation facilities or by availing cloud services from leading Cloud Service Providers (CSPs). Cloud computing's flexibility, scalability, and efficiency make it an indispensable tool for businesses, despite the increased demand for computational power, network traffic, and data storage. This surge in data and the need for more efficient data processing have resulted in a global expansion of data center facilities.

Many medium-sized enterprises are also expected to join the trend of constructing their data centers. The intricacy of data storage systems and the accompanying network infrastructure continue to grow, necessitating advanced cooling systems, energy consumpti

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Electrical Conductors Market For Power Industry Size 2025-2029

The electrical conductors market for power industry size is forecast to increase by USD 14.83 billion, at a CAGR of 6.9% between 2024 and 2029.

The Electrical Conductors Market for the Power Industry is witnessing significant growth, driven by the increasing investment in power transmission and distribution infrastructure. This trend is further fueled by the rising sales of power cables due to the expanding power generation capacity and the growing demand for electricity in various industries and residential sectors. The market is evolving with the integration of superconductors, which enhance the efficiency of power transmission by reducing energy loss and enabling more sustainable electrical grids. However, the market faces challenges in laying and maintaining electrical power cables. These challenges include the high cost of installation and maintenance, the need for complex permitting processes, and the increasing demand for longer cable lengths to transmit power over greater distances.
To capitalize on the market opportunities and navigate these challenges effectively, companies must focus on innovations in cable technology, such as the use of smart cables and advanced materials, to improve efficiency, reduce costs, and enhance durability. Additionally, collaborations and partnerships with regulatory bodies and industry associations can help streamline permitting processes and ensure compliance with safety regulations. Overall, the Electrical Conductors Market for the Power Industry presents significant growth potential, with companies that can address the challenges of installation and maintenance while delivering advanced cable solutions poised to gain a competitive edge.

What will be the Size of the Electrical Conductors Market For Power Industry during the forecast period?

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The electrical conductors market in the power industry continues to evolve, driven by the dynamic nature of power generation and distribution. Power quality is a significant concern, with voltage regulation and IEC standards playing crucial roles in ensuring consistent electricity supply. Electrical grids incorporate various power sources, including hydroelectric, wind, and solar, necessitating the use of different types of conductors. Bundled conductors, AAC conductors, and aluminum conductors are employed in power transmission lines, while copper conductors are preferred for their electrical resistance and current carrying capacity in power distribution networks. High-frequency conductors and insulated conductors are essential components of smart grids, enabling efficient power flow and energy storage.

Power loss is a persistent issue, with corrosion protection, conductor splices, and insulation materials playing vital roles in minimizing it. Conductor installation, ANSI and IEEE standards compliance, and conductor testing are essential for maintaining the integrity of power distribution networks. Power plants require various types of conductors, including ACSR conductors, for voltage regulation and current carrying capacity. High-temperature conductors and superconducting conductors are used in specific applications for enhanced performance. Grounding systems, strain relief, electrical connectors, and termination hardware ensure electrical safety and power quality. Skin effect, proximity effect, and power loss are ongoing concerns in power transmission, necessitating continuous research and development in material science and insulation materials.

Renewable energy sources, such as solar power, require specialized conductors and insulation materials for optimal performance. Grid modernization and environmental impact are significant trends, with vibration dampers and cross-linked polyethylene (XLPE) insulation materials playing crucial roles in enhancing the performance and sustainability of power distribution networks. Conductor maintenance and energy efficiency are essential considerations for reducing operational costs and minimizing environmental impact.

How is this Electrical Conductors For Power Industry Industry segmented?

The electrical conductors for power industry industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Power transmission
  Power distribution
  Others


Type

  Power cables
  Transformer
  Busbar
  Submarine power cables


End-user

  Utilities
  Industrial
  Commercial
  Residential


Material

  Copper conductors
  Aluminum conductors
  Others


Geography

  North America

    US
    Canada


  Europe

    Franc

This report elaborates Dominican Republic's power market structure and provides historical and forecast numbers for capacity, generation, and consumption up to 2030. Detailed analysis of the country's power market regulatory structure, key company profiles, and electricity tariffs are provided. The report also gives a snapshot of the power sector in the country on broad parameters of macroeconomics, supply security, generation infrastructure, transmission infrastructure, degree of competition, regulatory scenario, and future potential. Read More

The average gas price in Great Britain in May 2025 was 82.59 British pence per therm. This was seven 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.