Europe: Brent oil, TTF...

During the fourth week of June, Brent crude oil futures prices experienced a...

Europe: Electricity prices fall...

In the fourth week of June, average electricity prices declined across most major...

Europe: Electricity demand rises...

During the week of June 23, electricity demand rose across most major European...

Solar and wind energy...

During the week of June 23, solar photovoltaic (PV) energy production rose in...
Supported byClarion Energy
HomeSEE Energy NewsEurope: Electricity prices...

Europe: Electricity prices decreased in week 50

During the week of December 11, prices in the major European electricity markets decreased compared to the previous week. The exceptions were the MIBEL market in Portugal and Spain with increases of 4.7% and 4.5% respectively. On the other hand, the Nord Pool market in the Nordic countries registered the largest price decrease with 24%, while the IPEX market in Italy registered the smallest decrease with 11%. In the rest of the markets analyzed by AleaSoft Energy Forecasting, prices fell between 14% in the EPEX SPOT market in the Netherlands and 18% in the N2EX market in the UK.

During the second week of December, most of the European electricity markets analyzed had weekly averages below €90/MWh. The exception was the Italian market with an average of €110.14/MWh. In contrast, the Spanish and Portuguese markets registered the lowest weekly averages of €71.30/MWh and €71.32/MWh, respectively. In the other markets analyzed, prices ranged from €80.85/MWh in the market of the Nordic countries to €86.95/MWh in the British market.

On the other hand, the Nordic market registered the highest hourly price of the second week of December, €162.04/MWh, on December 12, from 15:00 to 16:00. Throughout the week, prices on this market gradually decreased until reaching the lowest hourly price of €0.07/MWh on December 17, from 4:00 to 5:00.

During the week of December 11, the decrease in the average price of gas and CO2 emission rights and the decrease in electricity demand in most markets led to lower prices in most European electricity markets. Increased solar energy production in countries such as Germany and France also had a downward impact on prices.

AleaSoft Energy Forecasting‘s price forecasts indicate that prices could continue to fall in most major European electricity markets for the week of December 18. Increased solar energy production in markets such as Italian and the German, along with increased wind energy production in Germany and France, could contribute to this behaviour.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: Brent oil, TTF gas and CO2 prices decline in late June amid easing Middle East tensions

During the fourth week of June, Brent crude oil futures prices experienced a decline. On Monday, June 23, the price settled at $71.48 per barrel, already 7.2% lower than the last session of the previous week. Prices continued to...

Europe: Electricity prices fall in late June amid lower gas costs and high renewables

In the fourth week of June, average electricity prices declined across most major European markets compared to the previous week. The United Kingdom’s N2EX market experienced the largest drop, falling by 28%. Other markets saw decreases ranging from 1.3%...

Europe: Electricity demand rises in most markets amid seasonal shifts and holidays

During the week of June 23, electricity demand rose across most major European markets compared to the previous week. Germany and Italy saw the largest increases, with demand growing by 8.2% and 8.1% respectively. France experienced the smallest increase...
Supported byVirtu Energy
error: Content is protected !!