Latest Market Update - June 2026

With continued pressure on public sector budgets, managing energy costs remains a key priority.

While wholesale energy markets remain influenced by geopolitical and economic factors, current forward prices continue to indicate lower gas and electricity costs beyond 2027. For organisations able to take a longer-term view, this may provide an opportunity to improve budget certainty and reduce exposure to future market volatility.

Indicative Forward Wholesale Market Outlook

 
 
 
 

Current forward markets suggest that energy prices between 2028 and 2030 remain materially below equivalent 2026 levels. While future prices cannot be guaranteed, early planning may help organisations secure greater long-term budget certainty.

Recent reviews have also identified opportunities around procurement, billing validation and metering that could deliver meaningful savings and operational improvements.

Spotlight: Reducing Energy Costs Without Capital Investment

Alongside purchasing strategy, many organisations are exploring ways to reduce costs and improve sustainability without impacting capital budgets.

For suitable sites, a fully funded Combined Heat & Power (CHP) solution can enable on-site electricity generation with no upfront capital requirement. CHP can improve efficiency, reduce carbon emissions and help lower energy costs where there is a consistent demand for heat and power.

Potential Benefits Include:

  • Lower energy costs

  • Improved efficiency

  • Reduced carbon emissions

  • Greater resilience

  • No upfront capital requirement

MHHS and Energy Data Readiness

The transition to Market-wide Half-Hourly Settlement (MHHS) will place greater emphasis on accurate metering and high-quality consumption data.

Now is a sensible time to review metering arrangements, data quality and site readiness to support procurement, reporting and sustainability objectives.

Complimentary Energy Portfolio Review

Dukefield Energy is offering complimentary reviews to help organisations:

Improve budget certainty

Review future purchasing options

Validate billing and identify recovery opportunities

Assess fully funded CHP solutions

Improve metering and data quality

For organisations reviewing budgets, procurement strategies or sustainability priorities, an independent portfolio review can help identify opportunities to improve cost control, efficiency and long-term resilience.

To discuss this further, please contact the Dukefield Energy team.

info@dukefieldenergy.co.uk

0345 4022 461

Ellie Taylor