UK Base Electricity Futures (Gregorian)

Energy · Monthly series · CM-UBL1.ICEEUR

Latest, October 2026

196.93 GBP (exchange quote)

+30.9% from September 2026

Open interactive chartUK Base Electricity Futures (Gregorian) in the app

580.5302.624.63November 2016October 2027
History through October 2026, the forecast path to October 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for October 2027: 118.57 GBP (exchange quote), with an 80% interval of 68.72 GBP (exchange quote) to 269.90 GBP (exchange quote).

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
November 2026201.05 GBP (exchange quote)116.76 GBP (exchange quote)330.03 GBP (exchange quote)
December 2026173.34 GBP (exchange quote)110.01 GBP (exchange quote)299.00 GBP (exchange quote)
January 2027149.09 GBP (exchange quote)68.57 GBP (exchange quote)343.04 GBP (exchange quote)
February 2027128.02 GBP (exchange quote)80.20 GBP (exchange quote)251.27 GBP (exchange quote)
March 2027116.99 GBP (exchange quote)48.71 GBP (exchange quote)298.19 GBP (exchange quote)
April 2027111.02 GBP (exchange quote)48.84 GBP (exchange quote)272.15 GBP (exchange quote)
May 2027107.69 GBP (exchange quote)37.55 GBP (exchange quote)288.40 GBP (exchange quote)
June 2027107.00 GBP (exchange quote)47.23 GBP (exchange quote)266.02 GBP (exchange quote)
July 2027110.89 GBP (exchange quote)47.02 GBP (exchange quote)288.30 GBP (exchange quote)
August 2027113.06 GBP (exchange quote)49.31 GBP (exchange quote)292.72 GBP (exchange quote)
September 2027118.95 GBP (exchange quote)59.25 GBP (exchange quote)303.17 GBP (exchange quote)
October 2027118.57 GBP (exchange quote)68.72 GBP (exchange quote)269.90 GBP (exchange quote)

Model: Agentic Investor TSFM (foundation model). Forecast generated 2026-11-14.

AI confidence

Mixed evidence

The tests show no consistent, material advantage over the no-change baseline.

Model: Agentic Investor TSFM (foundation model)

Accuracy vs naive
+9%Matches the no-change baseline over 10 tests (10 tests, 6 won)
Direction
56%No clear edge over a coin flip (67 of 120 calls right in 10 tests)
Turning points
10 of 48Anticipated some turns (48 turns in 10 tests, 0 without a turn)
Error vs baseline
9% lowerError ratio 0.91; 1.00 is a tie.
Tests won
6 / 10Complete rolling backtests; ties count as no win.
Test period
2016-11-01 to 2026-10-0112 observations ahead per test.
80% band coverage
83%Observed outcomes inside the band across all stored test windows.
How this assessment is made

AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.

Replay past tests

Model comparison

Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare four classes, subject to call budgets and retry limits.

Reading

It is above 90% of the 119 earlier readings since November 2016.

Written from the figures by a fixed template; no AI model is involved.

Recent history (24 observations)
The 24 most recent observations, newest first.
PeriodValue
October 2026196.93 GBP (exchange quote)
September 2026150.50 GBP (exchange quote)
August 2026129.38 GBP (exchange quote)
July 2026120.30 GBP (exchange quote)
June 202695.13 GBP (exchange quote)
May 202699.18 GBP (exchange quote)
April 202693.12 GBP (exchange quote)
March 202697.09 GBP (exchange quote)
February 202671.97 GBP (exchange quote)
January 202692.50 GBP (exchange quote)
December 202581.94 GBP (exchange quote)
November 202584.19 GBP (exchange quote)
October 202579.97 GBP (exchange quote)
September 202580.37 GBP (exchange quote)
August 202573.12 GBP (exchange quote)
July 202581.95 GBP (exchange quote)
June 202569.60 GBP (exchange quote)
May 202573.44 GBP (exchange quote)
April 202571.20 GBP (exchange quote)
March 202578.95 GBP (exchange quote)
February 202585.90 GBP (exchange quote)
January 2025107.15 GBP (exchange quote)
December 2024102.45 GBP (exchange quote)
November 2024101.20 GBP (exchange quote)

Source

Data: public market data feeds.

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