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.
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.
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.
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.
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.
AleaSoft Energy Forecasting says high demand and lower solar and wind production drove up electricity prices in most major European markets last week.
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.
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.
AleaSoft Energy Forecasting says European electricity prices were similar in the fourth week of July to the week prior. The Spanish consultancy is expecting the trend to continue into this week.
AleaSoft Energy Forecasting says average electricity prices rose in all major European markets for the second consecutive week during the third week of July. Portugal, meanwhile, broke its record for daily PV production.
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