Falling solar, wind production drive up European electricity prices
AleaSoft Energy Forecasting says an increase in average weekly electricity prices across most major European electricity markets last week was due to a decrease in solar and wind production and an increase in electricity demand.
Wind production drives European electricity prices down
AleaSoft Energy Forecasting says average electricity prices fell last week across all major European markets, bar the United Kingdom, due to an increase in wind production. Italy, meanwhile, broke its record for solar production on a single day in October.
Lower solar, wind output drive European electricity prices up
AleaSoft Energy Forecasting says most major European markets recorded higher electricity prices last week due to lower solar and wind production and despite a drop in gas and CO2 prices.
Lower demand, falling gas prices drive European electricity prices down
AleaSoft Energy Forecasting says lower demand and gas prices, combined with higher wind and solar output, pushed electricity prices down across Europe last week. France, Italy, and Spain also set daily solar production records for September.
Electricity prices continue to rise in most European markets
AleaSoft Energy Forecasting says higher demand pushed electricity prices up across most major European markets last week. However, prices fell in Portugal and Spain due to lower demand and rising solar production.
Europe’s weekly electricity prices surge on higher gas costs
AleaSoft Energy Forecasting says higher weekly average gas prices and increased electricity demand significantly affected electricity prices last week. In all analyzed markets, bar the Nordic market, the weekly average price exceeded €75 ($82.90)/MWh.
European electricity prices take downward turn
AleaSoft Energy Forecasting says higher wind production, lower electricity demand, and a drop in average temperatures led to falling electricity prices across most major European markets during the fourth week of August.
High demand, lower solar output drive up European electricity prices
AleaSoft Energy Forecasting says high demand and lower solar and wind production drove up electricity prices in most major European markets last week.
Electricity prices down in most European markets, says AleaSoft
AleaSoft says that rising electricity demand and higher solar and wind production caused electricity prices to drop across most European markets last week, despite an uptick in gas prices. France set a record for daily solar production on Aug. 5, reaching 129 GWh.
Electricity prices increase in most European markets
Spanish consultancy AleaSoft attributes the increase in electricity prices across most European markets last week to rising gas and CO2 prices. Meanwhile, France broke its record for daily photovoltaic production.
