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Europe: Solar energy production in Spain and France increased for the third consecutive week

According to AleaSoft Energy Forecasting, in the third week of April, prices rose in most major European electricity markets. The exception was the Iberian market, which had the lowest prices for the eleventh consecutive week. Gas and CO2 futures rose to prices not seen since the first half of January. The increase in demand also favored price rises in the electricity markets. In the Iberian Peninsula, renewable energy production increased, helping to drive prices down. On April 19, Spain reached the highest photovoltaic energy production for an April month.

During the week of April 15, solar energy production increased for the third consecutive week in the Spanish and French markets compared to the previous week. This time the increase was 10% in Spain and 1.5% in France. On the other hand, the German, Italian and Portuguese markets registered decreases of 25%, 9.2% and 0.3%, respectively.

On Friday, April 19, the Spanish market achieved the highest solar photovoltaic energy production for an April month in its history, with the generation of 154 GWh using this technology.

For the week of April 22, according to AleaSoft Energy Forecasting’s solar energy production forecasts, production will increase in Germany, while it will decrease in Italy and Spain, AleaSoft Energy Forecasting reports.

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