UK energy markets show signs of stabilisation after recent volatility, but risk remains elevated.

Explore this week’s insights on pricing trends, LNG dynamics, and smart procurement strategies.

Geopolitical tensions and disruption in the Strait of Hormuz have pushed volatility back into global energy markets, driving movements in UK gas and electricity prices. In this week’s Sustainability Energy Market Briefing, we explore what’s driving the market, what the forward curve is signalling, and what businesses approaching energy contract renewal should be watching closely.

Energy Market Update - 9th March 2026

Escalating geopolitical tensions involving Iran are beginning to ripple through global energy markets, pushing UK gas and electricity prices higher and increasing short-term volatility.

With UK wholesale gas prices recently doubling from February levels, businesses approaching energy contract renewal should review procurement timing carefully. Our latest market insight explores the drivers behind the volatility and what organisations should be considering now.

Sustainability is often surrounded by complexity and conflicting advice. In Sustainability Without the Noise, James Napier provides a clear, practical guide to help organisations cut through the jargon and take meaningful steps toward integrating sustainability into their strategy and operations.

Download the book for free to explore the ideas in more detail.

Energy procurement is no longer just about cost and risk.
It now defines carbon performance, reporting accuracy, and long-term sustainability outcomes.

As markets, regulations, and expectations evolve, organisations are being forced to rethink how , and why, they buy energy.