01/09/2026
European electricity markets registered higher wind energy production and lower prices in the fourth week of August
In the fourth week of August, weekly prices fell in most European electricity markets. A widespread increase in wind energy production supported this trend, with Italy as the exception. Portugal set a wind energy production record for an August day. Brent futures fell. In contrast, TTF gas futures rose, supported by low European gas storage levels and tensions in the Strait of Hormuz, and reached their highest settlement price since January 2023.