20 November 2025

PPA and GPA Pricing Update w/c 3rd November 2025

 PPA and Green Gas Markets edge higher this morning. 

  • Shipping data shows reduced LNG cargoes into European import terminals over the last week.
  • Pipeline gas supply has also reduced, with some small production issues in the Norwegian sector.
  • On the demand side, temperatures across northwest Europe are set to dip after a period of mild weather.
  • Gas storage sites are near 83% full.
  • Today, Wind generation in the UK is delivering 52% of the demand requirement.
  •  UK system power prices over the last 24 hours have been between negative (pay to export) £10 MWh and positive £90 MWh.

Update 4/11

Reduced gas supply and revised weather model outlook continue to support pricing.

  • PPA Markets + 2.5%
  • Green Gas + 3.25

Update 5/1

  • PPA Markets 3% Lower
  • Gas Down 2.75%