Gas, futures and hedging: when waiting is also a risk decision
AleaSoft Energy Forecasting, August 25, 2026. The rebound in TTF gas and its impact on electricity market prices puts the spotlight once again on the purchasing strategies of large consumers. In a highly volatile environment, deciding when and how much to hedge requires analysing not only market prices, but also the risks and outlook for […]
TTF gas at its highest since January 2023 drives up European electricity market prices in the third week of August
AleaSoft Energy Forecasting, August 24, 2026. 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 […]
Extreme heat tests Europe’s electricity systems: demand, generation and prices under pressure
AleaSoft Energy Forecasting, August 21, 2026. This summer’s heatwaves are simultaneously affecting different European electricity systems, though through different channels. They increase cooling-related electricity demand, constrain generation availability and raise price volatility. The episodes recorded in Spain, France, Italy, Romania and Hungary show why anticipating these risks requires a view across the whole of Europe’s […]
European gas reserves at their lowest in recent years: pressure on summer prices and risk for the winter
AleaSoft Energy Forecasting, August 19, 2026. The European Union’s gas reserves currently stand at around 61% of their capacity, the lowest level for this time of year in recent years, even below the level recorded in 2021. In recent days, gas prices have risen and, on August 18, TTF gas futures reached their highest value […]
Almaraz extension to 2030: gas, prices, renewable energy curtailment and capacity market
AleaSoft Energy Forecasting, August 18, 2026. The extension of the Almaraz nuclear power plant until June 2030 reduces the electricity system’s short-term exposure to gas and to its prices. At the same time, it increases the pressure to integrate a growing renewable capacity and may raise the risk of curtailment, while it changes the assumptions […]
European electricity market prices rise in the second week of August driven by gas and lower wind energy production
AleaSoft Energy Forecasting, August 17, 2026. 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 […]
The low coincidence between markets of the days with the highest spreads favours the diversification of battery portfolios
AleaSoft Energy Forecasting, August 12, 2026. The days with the highest intraday spreads in Spain show little coincidence with those of the markets of central and northern Europe. The different dynamics that condition spreads in each region mean that the best arbitrage opportunities do not necessarily occur on the same days. For pan-European battery portfolios, […]
Rising wind energy production and falling demand drive down European electricity market prices in the first week of August
AleaSoft Energy Forecasting, August 10, 2026. 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 […]
Analysis July
2026
Gas and demand drove up prices in a July of record demand and solar energy production in Europe
2026
AleaSoft Energy Forecasting, August 4, 2026. In July 2026, monthly prices rose in most of the main European electricity markets. The rise in gas prices and CO2 emission rights prices, the increase in demand and lower wind energy production in several markets drove this trend. Solar photovoltaic energy production reached record highs in Germany, Spain, […]
Falling wind energy production and rising demand drive up European electricity market prices in the last week of July
AleaSoft Energy Forecasting, August 3, 2026. 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 […]
Electrifying is not just about consuming more, it is about consuming better
AleaSoft Energy Forecasting, July 29, 2026. The electrification of transport, industry and buildings will be one of the main drivers of electricity demand growth in Europe over the coming decades. However, for this increase to help integrate more renewable generation and improve the efficiency of the system, consuming more electricity will not be enough. It […]
More wind energy and lower demand drive down European electricity market prices in the fourth week of July
AleaSoft Energy Forecasting, July 27, 2026. In the fourth week of July, weekly prices fell in most European electricity markets, although most markets still averaged more than €105/MWh. Higher wind energy production and lower demand supported this trend. Italy and Great Britain bucked the trend. Italy’s greater exposure to gas prices allowed the rise in […]