Flagship report · 2027
The 2027 Energy Market Outlook
Publishing late November 2026. Where we think the market goes next, what would prove us wrong, and what to do about it, quarter by quarter. Reserve yours and we'll email this year's outlook now.
Reserve your copy
- The 2026 Outlook webinar slides, emailed now while you wait
- The electricity forward strip, batteries and the cap reset
- Southern gas supply into winter 2027
- Data centres, large loads and the demand story nobody has priced
- Our 2027 calls, with what to do by quarter
How every call is built
Positions you can plan against, not predictions to admire
The position
A clear call on where the market goes in 2027, stated plainly enough that you could disagree with it.
The evidence
The data behind the call, from public market sources and our own analysis. No number appears that we cannot source.
What would prove it wrong
The signal that would change our view, so you know what to watch and when to revisit your plan.
What to do about it
The practical move for a business that buys energy, set out by quarter.
What's inside
A year ahead, section by section
Where 2026 leaves us
The year in charts: the starting position every 2027 call is measured from.
Electricity
The forward strip, the battery fleet, and what the Market Price Cap reset means for your contracts.
Gas
Southern supply into winter 2027, and what the contracting round evidence says about price.
Data centres and large loads
The demand story nobody has priced, and what it could mean for other buyers on the grid.
Policy
Gas reservation, data-centre market rules and reliability settings: proposed, decided, and when.
The 2027 calls
Our positions in one place, and what to do by quarter if you buy energy.
Who it’s for
Written for the people who sign off energy spend
- CFOs and finance managers
- Procurement managers
- Operations leads
- Sustainability managers
- Multi-site and energy-intensive businesses
- Anyone with a renewal in 2027
Renewal before then?
Don’t wait for the Outlook to make a call.
If your contract ends before 2027 is underway, talk to us now. We’ll look at your position against the market and tell you what we would do in your seat.