Energy markets weekly: Brent,...

During the fourth week of August, Brent oil futures for the Front Month...

Europe: Electricity prices show...

During the fourth week of August, electricity prices in major European markets showed...

European electricity demand trends:...

During the last week of August, electricity demand rose in most major European...

European solar and wind...

During the week of August 25, solar photovoltaic (PV) energy production declined across...
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Europe: Solar and wind energy trends

In the week of September 23, solar photovoltaic energy production declined across most major European electricity markets compared to the previous week. The German and French markets experienced the largest decreases, with reductions of 32% and 26%, respectively. Spain saw a decrease of 6.6%, while Portugal had the smallest decline at 1.9%. Both the French and Spanish markets continued their downward trend for the second consecutive week, and the Portuguese market registered declines for the third week in a row. In contrast, the Italian market experienced an increase in solar photovoltaic energy production of 11%, reversing the previous week’s trend.

Looking ahead to the week of September 30, forecasts from AleaSoft Energy Forecasting indicate that solar photovoltaic energy production is expected to rise in Germany and Spain, while a decrease is anticipated in Italy. In the last week of September, wind energy production saw an increase across all major European markets compared to the previous week. The Italian market recorded the most significant rise, with a 275% increase in production from this technology. In Germany, Portugal, Spain, and France, wind energy production rose by 60%, 50%, 29%, and 24%, respectively. Notably, the French market maintained its upward trend for the fourth consecutive week.

During the week of September 23, many analyzed markets set historical records for daily wind energy production for any September. On Thursday, September 26, the Spanish and French markets reported daily wind energy productions of 344 GWh and 325 GWh, respectively—both the highest ever recorded for September in their respective markets. On the same day, Portugal registered its third highest value for September at 84 GWh, while Germany achieved its daily record for September on Friday, September 27, with 967 GWh.

According to forecasts from AleaSoft Energy Forecasting, wind energy production is expected to decline in all analyzed markets during the first week of October, AleaSoft reports.

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