Skip to main content

We are pleased to present our GB Wholesale Market Summary for February.

​​​​​​​Highlights from the report include:

  • The average power price in February was £157.2 /MWh, a 15% decrease since January 2022
  • The 15% monthly decrease in power prices was driven by a 6% fall in gas prices, a 17% fall in demand, and higher wind output, with wind load factors increasing by 17 percentage points relative to January
  • The UK-ETS traded at an average of £85/tCO2 in February, an £8/tCO2 (9%) increase relative to January
  • Average CCGT load factors decreased from 41% in January to 20% in February, and those for offshore wind increased from 50% to 70%
  • Subsequently, domestic power sector emissions totalled 2.5 MtCO2e, a 47% decrease relative to January


This summary is free to view, and a limited version of the content our subscribers receive. You can find out more about our GB Power market service here.

Sign up to receive our latest public insights straight to your inbox

Sign Up