Gas prices: Day-ahead contracts – monthly average (GB)

Chart

Javascript is required to render chart Gas prices: Day-ahead contracts – monthly average (GB).

Source: ICIS.

Information correct as of: September 2019

This chart shows ‘Day-ahead’ gas prices at the GB gas hub (the National Balancing Point) for delivery the following working day. The data is averaged by month rather than by day and covers Q4 2009 to Q1 2019. Further information on wholesale prices can be found in our State of the Energy Market 2018 report

The data comes from ICIS’s price assessment of over-the-counter trading through brokers. A full explanation of ICIS’s methodology is available on ICIS's website.

Policy Areas:

  • Gas - wholesale markets

Data Table

Gas prices: Day-ahead contracts – monthly average (GB)
Month beginningPrice
01/10/200925.18
01/11/200926.99
01/12/200931.42
01/01/201039.77
01/02/201035.78
01/03/201032.14
01/04/201032.79
01/05/201039.49
01/06/201042.15
01/07/201045.94
01/08/201042.61
01/09/201040.77
01/10/201046
01/11/201049.66
01/12/201062.26
01/01/201155.98
01/02/201153.74
01/03/201160.39
01/04/201157.23
01/05/201157.01
01/06/201158.25
01/07/201155.09
01/08/201154.06
01/09/201153.64
01/10/201156.05
01/11/201158.15
01/12/201156.04
01/01/201254.43
01/02/201265.41
01/03/201258.44
01/04/201259.94
01/05/201257.01
01/06/201255.15
01/07/201255.6
01/08/201254.53
01/09/201260.45
01/10/201264.35
01/11/201265.63
01/12/201265.5
01/01/201366.83
01/02/201368.88
01/03/201386.57
01/04/201369.98
01/05/201366.14
01/06/201360.47
01/07/201365.23
01/08/201364.65
01/09/201365.71
01/10/201365.08
01/11/201368.29
01/12/201369.35
01/01/201465.1
01/02/201458.86
01/03/201456.53
01/04/201449.89
01/05/201445.33
01/06/201439.5
01/07/201437.51
01/08/201440.61
01/09/201448.43
01/10/201450.42
01/11/201454.84
01/12/201453.62
01/01/201546.1
01/02/201550.47
01/03/201547.23
01/04/201546.86
01/05/201544.09
01/06/201543.37
01/07/201543.47
01/08/201539.69
01/09/201541.04
01/10/201539.56
01/11/201535.9
01/12/201534.03
01/01/201632.05
01/02/201629.66
01/03/201629.6
01/04/201629.44
01/05/201630.41
01/06/201634.2
01/07/201634.3
01/08/201630.36
01/09/201628.36
01/10/201642.83
01/11/201648.12
01/12/201646.53
01/01/201753.39
01/02/201751.01
01/03/201741.02
01/04/201739.73
01/05/201739.29
01/06/201734.84
01/07/201736.21
01/08/201742.57
01/09/201746.00
01/10/201745.40
01/11/201752.95
01/12/201758.29
01/01/201850.44
01/02/201858.96
01/03/201864.30
01/04/201850.94
01/05/201855.58
01/06/201854.97
01/07/201857.93
01/08/201862.83
01/09/201873.72
01/10/201866.53
01/11/201864.37
01/12/201863.74
01/01/201957.71
01/02/201947.09
01/03/201939.31
01/04/201934.98
01/05/201931.43
01/06/201927.96

More information

Gas prices (Day-ahead contracts): At-a-glance summary

Day-ahead gas prices have been on a broadly upward trend from mid-Summer 2017. However, since October 2018 prices have followed a downward trend. While changes in commodity prices have influenced gas prices upwards until October 2018, mild weather and healthy supply margins have influenced gas prices downwards in recent months.

Relevance and further information

Day-ahead prices are a good indicator of the short-term price of gas in GB. However, Day-ahead prices are just one measure of the price of gas. Suppliers often buy most of their gas months or even years in advance of when it will be delivered. Therefore, Day-ahead prices may not necessarily reflect the price that suppliers will have paid for their gas.

Date correct
September 2019
Policy area