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Europe: Solar energy production increased in week 25

According to AleaSoft Energy Forecasting, in the last week of June, prices in most major European electricity markets fell compared to the previous week. The exceptions were the Iberian and German markets. In the latter, the weekly average increased due to the price of €2325.83/MWh reached in one hour on June 26, when the single European market decoupled. This is the highest price ever registered in the history of the German market. Photovoltaic energy reached an alltime production record in Germany on the 25th, and a day earlier, France registered the highest value for a June month.

In the week of June 24, solar energy production increased compared to the previous week in most major European electricity markets. The French market registered the largest increase, 27%, followed by a 23% rise in the German market. In the Italian market, the increase was 1.6%. On the other hand, the Iberian market registered decreases in solar energy production. In the case of the Portuguese market, the drop was 14%, while in the Spanish market, which includes solar photovoltaicenergy and solar thermoelectric energy, it was 8.4%.

The French market registered the highest daily solar energy production for a June month on Monday, June 24, at 122 GWh. Subsequently, on Tuesday, June 25, the German market registered an alltime production record with 433 GWh of generation.

For the week of July 1, according to AleaSoft Energy Forecasting’s solar energy production forecasts, in the Spanish market production will increase compared to the previous week, while it will decrease in the German and Italian markets.

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