Grid

Gas price

GB gas price today

The GB System Average Price of gas for 22 Oct 2026 was 7.51p/kWh (220.1p/therm). Source: National Gas, published as the System Average Price (PUBOB603).

Updated 22 Oct 2026 · Source: National Gas, published as the System Average Price (PUBOB603).

GB gas (SAP)

220.1 p/therm

22 Oct 2026 · National Gas

Henry Hub gas

3.10 $/MMBTU

20 Oct 2026 · U.S. EIA

EU natural gas

25.42 $/MMBTU

1 Sep 2026 · World Bank Pink Sheet

LNG, Japan

14.25 $/MMBTU

1 Sep 2026 · World Bank Pink Sheet

What this means for electricity

Gas-fired stations are often the last plants needed to meet demand, so wholesale electricity prices frequently follow the cost of gas. The GB number here is National Gas SAP, not a separate NBP contract series. Henry Hub is the US benchmark from EIA. World Bank monthly Europe gas and Japan LNG are the Asian and European context Grid republishes. See today's electricity mix and the price cap explainer.

Units and method

SAP is stored in p/kWh and shown in p/therm using 1 therm = 29.3071 kWh. Henry Hub is $/MMBtu. World Bank Pink Sheet series are monthly. Sources: Data sourced from the National Gas Transmission Data Portal. Source: U.S. Energy Information Administration. Source: World Bank Commodity Price Data (The Pink Sheet), CC BY 4.0. Methodology.

Questions

What is the System Average Price?
SAP is National Gas's published System Average Price for the GB gas day (PUBOB603), in p/kWh. The latest SAP Grid holds is 7.51p/kWh (220.1 p/therm) for 22 Oct 2026. Source: National Gas.
What's the difference between SAP and NBP?
NBP is the GB wholesale gas hub used in traded contracts. SAP is the published system average for the gas day. Grid republishes SAP from National Gas and does not republish a separate NBP series.
How do p/therm and p/kWh convert?
1 therm is 29.3071 kWh, so p/therm = p/kWh × 29.3071. Grid stores SAP in p/kWh and shows p/therm for traders.
Why does gas set the electricity price?
Gas-fired stations are often the last plants needed to meet demand, so the wholesale electricity price frequently follows the cost of gas. See today's mix on /today. Grid does not claim a share of hours without a cited calculation.