The government’s emergency cap for businesses halves the recent rise in electricity prices to more than £400 per megawatt hour

Forward delivery contracts in Great Britain — weekly average

Electricity in £ per Megawatt-hour (MWh)

£400

300

Proposed price cap,

£211 per MWh

200

100

0

Apr

2021

Jul

Oct

Jan

2022

Apr

Jul

Electricity in £ per Megawatt-hour (MWh)

£400

300

Proposed price cap, £211 per MWh

200

100

0

Apr 2021

Jul

Oct

Jan 2022

Apr

Jul