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UK wholesale electricity price this week

The UK figure, week by week, with the news behind it.

Updated

On 3 Nov 2026, the GB wholesale electricity price was 201.6 GBP/MWh. In the week ending 1 Nov 2026 it averaged 168.1 GBP/MWh, up 18.8% on the week before. Source: Elexon (GB electricity market data).

See what is moving this cost for your business

What this price is

This is the GB wholesale electricity price: a daily average of the market index price in Elexon's market data, in pounds per megawatt-hour. Suppliers buy power on the wholesale market before selling it on to businesses, so this is the part of a business electricity price that moves from week to week.

It is not your tariff. A business bill also carries network and balancing charges and government levies, which are set separately; our business energy prices briefing lists the published ones. The weekly figures below are the average of the daily readings stored for each week.

Week by week

UK wholesale electricity price this week: week by week
Week endingAverageOn the week beforeDays stored
This week so far (to )205.5 GBP/MWh—2
168.1 GBP/MWhup 18.8%7
141.5 GBP/MWhdown 13.1%7
162.9 GBP/MWhup 31.5%7
123.8 GBP/MWhdown 14.4%7
144.6 GBP/MWh—7
151.1 GBP/MWh—3

Source: Elexon (GB electricity market data). Each week runs Monday to Sunday; its figure is the average of the daily readings stored for it. A week is compared only once it is over and has at least 4 days stored.

The latest readings

The news moving it

No indexed analysis names this cost in the UK right now. New analyses appear here as they are published.

How this analysis was produced

Data sources
UK wholesale electricity price this week: Elexon (GB electricity market data); Atri engine: indexed analyses
What the AI did
No AI wrote this page. It is assembled automatically from the stored readings of a published price series and the indexed analyses (each written by an AI model, with its own disclosure).
Checked automatically
every figure is a stored reading, quoted with its date and publisher; only indexed analyses are listed.
What people did
People chose the series and wrote the explanation of what it measures. No person reviews this page before its figures change.
Data as of

By the Branch² Intelligence Desk. How the analysis is made · Editorial policy and corrections

Automated analysis for information only. Not investment advice. Read the full disclaimer.

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