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Prices in European electricity markets rose in the week of 28 September, reaching their highest levels since 2022 in Spa...
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.

The drop in wind power drove European electricity market prices higher despite lower gas prices in the fourth week of Se...
29/09/2026

The drop in wind power drove European electricity market prices higher despite lower gas prices in the fourth week of September

In the fourth week of September, weekly prices increased in most major European electricity markets, driven by lower wind power production despite the decline in gas prices. Italy was the exception, supported by higher wind power production and lower demand. The British market reached its highest daily price since January 2025. TTF gas futures closed 9.4% below the previous week, while Brent futures ended slightly higher.

European electricity markets end the third week of September lower after reaching daily highs at the start of the weekIn...
23/09/2026

European electricity markets end the third week of September lower after reaching daily highs at the start of the week

In the third week of September, weekly prices fell in most major European electricity markets, supported by higher wind energy production and lower demand, despite high gas prices. France, Portugal, Spain and the Nordic market reached their highest daily prices since December 2022. TTF gas registered its highest settlement price since then, while Brent remained above $100/bbl and reached its highest level since May.

TTF gas prices at their highest levels since 2022 and lower wind energy production drive up European electricity market ...
16/09/2026

TTF gas prices at their highest levels since 2022 and lower wind energy production drive up European electricity market prices in the second week of September

In the second week of September, weekly prices increased in most European electricity markets. Lower wind energy production in Germany and France, together with higher gas and CO₂ prices, drove this trend, while stronger wind energy production pushed prices down in Spain and Portugal. Tensions in the Middle East and the Strait of Hormuz drove Brent oil and TTF gas futures higher, with TTF gas reaching its highest settlement price since December 2022. The Italian market registered its highest daily price since December 2022.

TTF gas and Southern European electricity markets hit their highest levels since 2022 and 2023 in the first week of Sept...
09/09/2026

TTF gas and Southern European electricity markets hit their highest levels since 2022 and 2023 in the first week of September

In the first week of September, Spain and Portugal reached their highest daily electricity prices since December 2022, while Italy reached its highest level since January 2023, amid lower wind energy production, higher demand and elevated gas prices. The main European electricity markets set records for solar photovoltaic energy production for a September day. TTF gas futures reached their highest price since January 2023, driven by tensions in the Strait of Hormuz and stronger gas demand in Europe.

European electricity markets registered higher wind energy production and lower prices in the fourth week of AugustIn th...
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.

TTF gas at its highest since January 2023 drives up European electricity market prices in the third week of AugustIn the...
25/08/2026

TTF gas at its highest since January 2023 drives up European electricity market prices in the third week of August

In the third week of August, weekly average prices rose in most of the main European electricity markets. The increase in TTF gas and CO₂ and the fall in solar energy production drove this trend. In Spain, Portugal and Italy, higher wind energy production and lower demand favored the fall in prices. Brent oil and TTF gas futures rose because of the tensions in the Strait of Hormuz. TTF reached its highest settlement price since January 23, 2023.

European electricity market prices rise in the second week of August driven by gas and lower wind energy production.In t...
18/08/2026

European electricity market prices rise in the second week of August driven by gas and lower wind energy production.

In the second week of August, weekly prices increased in the main European electricity markets, except in Italy, and exceeded 128 €/MWh, except in the Nord Pool market. The rise in TTF gas prices and the fall in wind energy production favored this trend. Germany and Portugal set solar photovoltaic energy production records for a day in August. The disruptions in the Strait of Hormuz drove up Brent and TTF gas futures.

Rising wind energy production and falling demand drive down European electricity market prices in the first week of Augu...
11/08/2026

Rising wind energy production and falling demand drive down European electricity market prices in the first week of August

In the first week of August, weekly prices fell in most of the main European electricity markets. In contrast, they rose in Italy, France, Spain and Portugal. The increase in wind energy production and the decline in demand favored this trend. Spain, Portugal, France and Germany set photovoltaic energy production records for a day in August. Brent oil and TTF gas futures fell on expectations that the Strait of Hormuz would reopen, while CO2 futures rose.

Falling wind energy production and rising demand drive up European electricity market prices in the last week of JulyIn ...
05/08/2026

Falling wind energy production and rising demand drive up European electricity market prices in the last week of July

In the last week of July, prices rose across the main European electricity markets except the Nordic market, and most markets exceeded €100/MWh. Lower wind energy production and higher demand drove this trend. Markets set records for photovoltaic energy production for an August day. Easing hostilities between the United States and Iran pushed Brent oil and TTF gas futures lower, while CO₂ futures also declined.

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