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Projection of the wholesale price of natural gas in the UK 2015-2035

Published by N. Sönnichsen, Jan 31, 2020
This statistic shows a projection of the wholesale price for natural gas in the United Kingdom (UK) from 2015 to 2035, in British pence per therm*. It shows that the price is expected to be 63 British pence per therm in 2035.

Wholesale price projection of natural gas in United Kingdom (UK) from 2015 to 2035 (in British pence per therm*)

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Source

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Release date

May 2019

Region

United Kingdom

Survey time period

2015 to 2035

Supplementary notes

*A therm is a unit used by gas companies to voncert the volume of gas to it's heat equivalent. One therm is approxiamtely the energy equivalent of burning 100 cubic feet of natural gas.

The figures are projections.
Projected data is taken from the reference scenario, which is based on central estimates of economic growth and fossil fuel prices and contains all agreed policies where decisions on policy design are sufficiently advanced to allow robust estimates of impact (i.e. including "planned" policies).

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* Prices do not include sales tax.

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