What is a wholesale electricity market?

The wholesale electricity market is where electricity is traded between generators and suppliers. Energy suppliers buy energy at wholesale prices, add a markup and sell it on to their customers at a higher price.

Who is power warehouse?

The most innovative inverter and battery solution on the market At Power Warehouse, we do more than supply solar products—we fuel the renewable movement. Based in the UK, we’re a dedicated trade-only distributor delivering premium solar technology directly to installers, EPCs, and developers nationwide.

Are battery energy storage revenues increasing in Great Britain?

Battery energy storage revenues in Great Britain reached a rate of £88k/MW/year in January 2025, marking a 5% increase from December 2024 and the first back-to-back monthly revenue increase since early 2024. Source: Modo Energy Note: Monthly ME BESS GB revenues since January 2024

How does wholesale energy pricing affect electricity prices in the UK?

Once the wholesale price is set, suppliers add other costs such as distribution fees and operating costs, then set the tariffs they charge consumers. This is why wholesale energy pricing directly affects electricity prices in the UK. If you want a deeper dive into hedging, Simply Switch has a clear guide here: Business Energy Hedging.

Where can I find energy stats UK?

Energy Stats UK can be found on various social media platforms posting daily tariff pricing graphs and summaries. Be sure to follow @energystatsuk on Twitter / X, Bluesky, Mastodon and Instagram. Note: The current and past performance of energy pricing is not necessarily a guide to the future.

How does a wholesale energy price work?

This allows suppliers to secure energy at an agreed price months—or even a year—ahead, providing security of supply and predictable costs for their customers. Once the wholesale price is set, suppliers add other costs such as distribution fees and operating costs, then set the tariffs they charge consumers.