06/10/2026
Prices in European electricity markets rose in the week of 28 September, reaching their highest levels since 2022 in Spain and Portugal
During the week of 28 September, weekly prices increased in most European electricity markets, supported by lower solar generation. Spain and Portugal reached their highest daily prices since December 2022.
Although solar PV generation declined over the week as a whole, Portugal and Italy recorded record highs for an October day, while Portugal reached a record wind generation level for a September day. TTF gas prices rose, pressured by low European storage levels and tensions in the Strait of Hormuz, which continued to limit LNG shipments from the Middle East.