Great Britain power market long-term outlook: November 2024 Report

Commodity Market Report 29 November 2024

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Report summary

This report presents our November 2024 long-term outlook for the Great Britain power market. The market report and dataset provide projections out to 2060, commenting on market trends and the changing dynamics of price formation. This outlook incorporates Wood Mackenzie’s Q3 2024 power technology outlooks and latest (November 2024, Investment Horizon Outlook) commodity price forecasts. The report includes capacity projections, supply-demand analysis, market prices, and technology capture prices. A commentary on key takeaways is also provided, along with a summary of changes since our last publication. Annual summary data and a more detailed hourly dataset are provided in the accompanying data files. In addition, we also provide a combined markets long-format data file, lending itself more readily to automated data extraction. This outlook also appears as a case in the Europe Power Tool.