20 November 2025

PPA and GPA Pricing Update w/c 27th October 2025

PPA and Green Gas Markets start the week lower. 

  • Bearish weather outlook signals muted demand ahead.
  • Gas flows to US LNG export terminals ramped up to near record highs.
  • Norwegian and UKCS gas flows are strong, with some small net withdrawals from storage in Europe.
  • European and UK wind generation performance continues to be strong.
  • UK wind is at 15GW this morning, which is delivering around 50% of the UK’s demand requirement.

Again, we have seen negative (pay to export generation) to flat power pricing in the UK through yesterday and into today.