AleaSoft Energy Forecasting, October 2, 2024. In the third quarter of 2024, European electricity market prices rose compared to the previous quarter, despite solar photovoltaic energy production reaching historical records in several markets. Market price rises were driven by higher gas prices, increased demand in most markets as summer temperatures rose, and declining wind energy production. Electricity demand increased year-on-year in most markets even though average temperatures were mostly lower than in the same period last year.
