In the week of February 5, European electricity market prices remained at levels similar to those they have registered since the second half of January. The MIBEL market registered the lowest weekly averages. Wind energy was the protagonist of the week in most markets and registered an all-time high in Germany on the 6th. Gas and CO2 futures continued to fall and registered the lowest prices since July 2023 and October 2021, respectively.
During the week of February 5, solar energy production declined in all major European electricity markets, despite increasing hours of sunshine, reversing the upward trend of previous weeks. Reductions ranged from 44% in Portugal to 17% in France.
As for the week of February 12, AleaSoft Energy Forecasting’s solar energy production forecasts indicate that Germany, Italy and Spain will register a return to the upward trend.
