British power prices are increasingly independent from gas
British power prices are becoming less dependent on gas as clean energy sources increase. Currently, 15% of power generation is already independent of gas prices, with forecasts suggesting this could rise to 36% by 2030. The Contracts for Difference scheme is facilitating this transition by providing fixed prices for renewable energy.
- ▪15% of British power generation is already independent of gas prices.
- ▪Forecasts indicate that 36% of power generation will be priced independently of gas by 2030.
- ▪The Contracts for Difference scheme has increased its coverage, reducing the proportion of electricity exposed to gas prices.
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Home / Latest Insights / British power prices are increasingly independent from gas British power prices are increasingly independent from gas An increasing proportion of clean power is already priced independently from fossil fuels in Britain, and a de-linking is beginning to emerge. 13 May 2026 5 Minutes Read Download PDF Frankie Mayo Senior Energy & Climate Analyst – UK Ember Summary Clean power deployment in Britain is steadily eroding the influence of expensive gas, helping to suppress power prices. As oil and gas prices spike in the second energy crisis in four years, power generation not subject to the influence of gas prices provides increased security. 15% of British power generation is already de-linked from the gas power price.
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