Higher demand, gas prices drive up European electricity prices
Average weekly electricity prices surpassed €130 ($135.12)/MWh in most major European markets during the third week of January as electricity demand and gas prices rose and wind energy production fell, according to AleaSoft Energy Forecasting.
Higher gas prices drive some European electricity prices upwards
AleaSoft Energy Forecasting says TTF gas futures hit their highest settlement price since October 2023 in early January 2025, driving up electricity prices in several major European markets.
Christmas electricity prices surpass €100/MWh in Europe
AleaSoft Energy Forecasting says weekly average electricity prices exceeded €100 ($104.10)/MWh across most major European markets last week, largely driven by rising gas and CO2 prices.
European electricity prices increase on winter demand
AleaSoft Energy Forecasting says European electricity prices increased across most major markets last week, leading to weekly averages in excess of €120 ($126.03)/MWh in all markets, bar the Nordics.
AleaSoft records stability in weekly European electricity prices
AleaSoft Energy Forecasting says weekly average electricity prices in European markets during early December remained steady compared to the previous week. France, Portugal, and Spain all broke December records for solar energy production on single days.
AleaSoft records fall in European electricity prices
High levels of wind energy production helped average electricity prices across most major European markets decline during the third week of November, according to analysis from AleaSoft Energy Forecasting.
AleaSoft notes drop in European electricity prices
AleaSoft Energy Forecasting says higher wind production and lower demand slightly dragged down electricity prices last week. However, weekly averages stayed above €100 ($105.36)/MWh in all analyzed markets, except for the Nordic market.
European electricity prices continue to rise
AleaSoft Energy Forecasting says weekly average electricity prices were above €110 ($116.05)/MWh in all major electricity markets last week, bar the Nordic market. The increase came as most analyzed markets reached their highest hourly price recorded so far this year.
Lower solar production drives up European electricity prices
AleaSoft Energy Forecasting found weekly average electricity prices in excess of €80 ($85.77)/MWh in most major European markets last week. Despite a drop in solar production across the week, France, Germany, Italy, Spain and Portugal all set new records for solar generation during a single day in November.
Gas costs drive European electricity prices upward
AleaSoft Energy Forecasting says it recorded weekly average electricity prices in excess of €70 ($75.90)/MWh in all major European markets last week, except for the Nordic market, as gas prices reached their highest level so far this year.
