Most European markets see electricity prices rise

The weekly average electricity price was above €140 ($146.35)/MWh last week across most major European markets, due to a fall in solar and wind production and increased electricity demand, according to AleaSoft’s latest analysis.

Most European markets see electricity prices rise

Weekly average electricity prices increased across most major European markets during the second week of February, according to analysis from AleaSoft Energy Forecasting.

When compared to the week prior, AleaSoft noted price increases in the Belgian, British, Dutch, French, German, Italian and Nordic markets, while the Portuguese and Spanish markets were the only analyzed markets to see the weekly average price drop.

Weekly averages were above €140 ($146.35)/MWh in all markets except the Nordic, Portuguese and Spanish markets. The Italian market had the highest average of the week, at €159.40/MWh, and the Nordic market the lowest, at €88.82/MWh.

More information here.

Related articles

Clear majority in Germany continues to support energy transition but concerns are on the rise

Most German citizens still believe the energy transition is indispensable - but worries about its negative impact on the economy a…

US added nearly 50 GW of new solar generating capacity in 2024

A new report by the Business Council for Sustainable Energy and BloombergNEF unpacks the market and policy trends facing the U.S.…

France launches 400 MW C&I solar tender

The French authorities intend to allocate 400 MW of PV capacity through the procurement exercise, which is open to PV installation…

ACWA Power building hydrogen bridge between Europe and Middle East, North Africa

In an exclusive interview with pv magazine ACWA Power CEO Marco Arcelli said the Saudi energy giant is currently exploring opportu…

Daytime charging of electric vehicles further expands adoption of photovoltaics

Photovoltaics continues adding capacity at a rapid pace, and 2024 was another record year for solar PV deployment. In the meantime…

Event calendar

ENERGY-HUB is a modern independent platformsharing news and analytic articles from the energy sector on a daily basis. Within our portfolio we monitor czech, slovak and foreign press releases.

87850
Number of published news
2092
Number of published events
1160
Number of published articles
ENERGY-HUB uses ČTK news (The Czech News Agency), the content is protected by copyright law.
Transcription, distribution, or other dissemination of the whole or of a part of the content is prohibited without prior consent.
Drtinova 557/10, 150 00 Praha 5, Česká republika