AleaSoft Energy Forecasting, January 4, 2022. After the declines of 2020, the demand and prices of the energy markets recovered in 2021, the latter leading an escalation that made almost all European electricity markets settle with a yearly price of more than €100/MWh and break hourly and daily historical records repeatedly. Behind these increases are gas and CO2 prices that also marked historical highs. Renewable energy production increased in most markets.
