Gas prices increase and renewable energy production accentuates the disparity in European electricity markets in the second week of March

AleaSoft Energy Forecasting, March 16, 2026. During the second week of March, prices in the main European electricity markets showed uneven performance, with increases in southern Europe and declines elsewhere. Most markets registered averages above €80/MWh, in a week marked by the highest settlement price of TTF gas futures since February 2025, the highest Brent […]
From rainfall to the power market, how Spain’s hydrological cycle strongly affects the electricity prices

AleaSoft Energy Forecasting, March 16, 2026. Heavy winter rainfall in Spain has significantly increased hydro reservoir levels in early 2026, placing them about 50% above the 10-year average. Because hydro reservoirs act as large-scale energy storage, abundant water allows hydro generation to cover more electricity demand, reducing reliance on fossil fuels. As a result, hydrological […]
European energy market prices increased in the first week after the attack on Iran

AleaSoft Energy Forecasting, March 9, 2026. In the first week of March, prices in most major European electricity markets increased compared to the previous week and most markets reached weekly averages above €80/MWh. Italy and the United Kingdom registered the highest daily price since February 2025. Higher gas prices, as a consequence of the conflict […]
From the day ahead market to the intraday market: what the comparison between PDVP and PHFC reveals in a solar thermal power plant

AleaSoft Energy Forecasting, March 4, 2026. The evolution of electricity markets is reflected not only in hourly prices but also in the internal dynamics of the scheduling of generation units. In an environment characterised by greater volatility, increasing renewable energy penetration and continuous adjustments between markets, the difference between the Provisional Viable Daily Program (PDVP […]
Analysis February
2025
Gas and CO2 down and record renewable energy production drove price falls in European electricity markets in February
2025

AleaSoft Energy Forecasting, March 3, 2026. In February, monthly prices declined in most major European electricity markets, with the exception of the Nordic market. Several markets registered their lowest monthly average in recent months, notably the Portuguese market, which reached the lowest price in its history within the Iberian MIBEL market. The fall in gas […]
Most European electricity market prices fall at the end of February while the Iran conflict shapes March prospects

AleaSoft Energy Forecasting, March 2, 2026. In the last week of February, prices in most major European electricity markets fell compared to the previous week and remained mostly below €75/MWh. Photovoltaic energy production set records for a February day in the main European markets, while wind energy production declined and electricity demand decreased. On Friday, […]
The decline in gas‑fired electricity generation in Spain at the start of 2026

AleaSoft Energy Forecasting, February 27, 2026. The beginning of 2026 has brought a decline in production from gas‑fired power plants compared to the same period last year, particularly during February. This article analyses the causes and immediate consequences of this evolution, as well as the signals it sends regarding the direction to be taken for […]
Gas and CO2 down, Brent up and declines in European electricity markets in the third week of February

AleaSoft Energy Forecasting, February 23, 2026. In the third week of February, prices in most major European markets declined, except in the Iberian market where they recovered compared to the previous week, although they remained among the lowest in Europe. Most markets registered their lowest daily prices since the beginning of the year. Photovoltaic energy […]
Pumped storage plants and their role in electricity system flexibility

AleaSoft Energy Forecasting, February 20, 2026. The growing penetration of renewable energies is transforming the temporal structure of electricity markets, increasing hourly variability and modifying system operating patterns. In this new environment, energy storage technologies, and pumped storage plants in particular, play an essential role by allowing energy to be shifted from periods of lower […]
European market prices fall in the second week of February, the Iberian market remains decoupled and the Nordic market reaches the highest prices

AleaSoft Energy Forecasting, February 16, 2026. In the second week of February, prices in most major European electricity markets followed a downward trend, although in many cases the weekly average was above €90/MWh. The Nordic market registered the highest weekly average, something unprecedented since at least 2018, and on February 10 it reached its highest […]
Analysis January 2026
January combined prices above €100/MWh and record renewable energy production in European electricity markets

AleaSoft Energy Forecasting, February 3, 2026. In January, prices rose in most major European electricity markets and stood above €100/MWh. In several markets, the monthly price was the highest since at least March 2025. By contrast, prices in the Iberian market fell and were around €71/MWh. Spain and Italy registered all‑time monthly wind energy production […]
European electricity market prices remained high in the last week of January, with the Iberian market decoupled

AleaSoft Energy Forecasting, February 2, 2026. In the last week of January, weekly prices in most major European electricity markets rose slightly compared to the previous week and stayed above €110/MWh. By contrast, the Iberian market decoupled once again, with averages close to €20/MWh, supported by wind energy production and lower electricity demand. In Italy, […]