Power Price Tables

Independent 2030 UK baseload power price forecasts
Forecaster
2030 forecast
Bloomberg New Energy Finance (BNEF)
£16/MWh
Baringa
£48/MWh
Aurora
£56/MWh*
*Average over second half of 2020s
Source: Companies, Jefferies International. In real terms accounting for inflation.
BNEF’s more bearish forecasts vary widely
Forecaster
2030 forecast
Favourable scenario
£27/MWh
Base case
£23/MWh
Worst case
£16/MWh
Source: BNEF
What renewables funds are saying about impact of power prices on their net asset values (NAV)
Fund
Q1 NAV impact
Commentary
-1.80%
Curves increased by 7% over next four years, but decreased by 6% from 2025 to 2050.
-2.40%
‘Downward revision in medium and long-term power price forecasts’
Minimal
Prices for futures over the three years offset the movement further down the curve.
Not specified
‘A small downward revision to power prices forecast’
-2.10%
Majority of short-term exposure is fixed / hedged
Doesn’t report until August
n/a
0.80%
‘Material increase in short-term prices’
Source: Jefferies International
CLOSE X