Tag: Photovoltaic

Analysis February 2025

European electricity market prices rose in February driven by gas and falling wind energy production

AleaSoft Energy Forecasting, March 4, 2025. Prices in the main European electricity markets rose in February 2025, in many cases reaching their highest level since March 2023. This rebound was driven by rising gas prices, which also marked their highest monthly average since that date. In addition, wind energy production fell, in some markets registering […]

Falling gas and CO₂ prices limit price rises in European electricity markets in the last week of February

AleaSoft Energy Forecasting, March 3, 2025. In the last week of February, weekly prices in most major European electricity markets were above €100/MWh. In almost all of them, the weekly average was higher than the previous week, although the increases did not exceed 12%. Spain, Portugal and France registered the highest photovoltaic energy production for […]

Falling gas and CO₂ prices ease pressure on European electricity markets in the third week of February

AleaSoft Energy Forecasting, February 24, 2025. In the third week of February, prices fell in the main European electricity markets, with most of them reaching weekly averages below €110/MWh. Several factors contributed to these declines. On the one hand, the fall in gas and CO2 prices, as well as the decline in demand. On the […]

European electricity markets continued to rise in the second week of February, with the exception of the Iberian market thanks to wind energy

AleaSoft Energy Forecasting, February 17, 2025. In the second week of February, prices in most major European electricity markets rose and weekly averages exceeded €140/MWh. However, in the Iberian market, the increase in wind energy production and the decrease in electricity demand favored lower prices. The French market broke the photovoltaic energy production record for […]

Rising gas and less wind push European electricity market prices above €120/MWh in the first week of February

AleaSoft Energy Forecasting, February 10, 2025. In the first week of February, TTF gas futures prices continued to rise and reached the highest settlement price in the last two years at the end of the week. In this context, coupled with lower wind energy production and higher demand, prices in the main European electricity markets […]

Analysis January 2025

In January, European electricity market prices reached maximums since March 2023 driven by gas, CO₂ and demand

AleaSoft Energy Forecasting, February 4, 2025. In January 2025, prices in most major European electricity markets rose, with some reaching their highest monthly average since March 2023. This increase follows the trend of gas prices, whose futures marked their highest monthly value since then, and CO₂ prices, with their highest level since December 2023. The […]

Gas and CO₂ reach the highest prices since the last quarter of 2023 on the last day of January

AleaSoft Energy Forecasting, February 3, 2025. In the last week of January, weekly average prices in the main European electricity markets were lower than the previous week. Lower demand and increased solar photovoltaic and wind energy production supported this evolution. However, during the week prices registered an upward trend that led most of them to […]

Less cold temperatures and more wind energy lower European electricity market prices, but they remain above €100/MWh

AleaSoft Energy Forecasting, January 27, 2025. In the fourth week of January, prices in the main European electricity markets fell compared to those of the previous week. Despite the declines, weekly averages were above €100/MWh in most markets, and many reached the highest daily price since at least the beginning of 2024. Declining demand due […]

Photovoltaic energy continues to set records, but cold weather and CO₂ prices make European electricity markets more expensive in the third week of January

AleaSoft Energy Forecasting, January 20, 2025. In the third week of January, prices rose in most major European electricity markets, driven by lower wind energy production, increased demand due to colder temperatures and higher gas and CO2 prices. On January 17, CO2 futures reached the highest settlement price since late May. Solar photovoltaic energy production […]

Gas, wind energy and demand again marked a mixed evolution of European electricity market prices in the second week of 2025

AleaSoft Energy Forecasting, January 13, 2025. In the second week of 2025, gas prices, wind energy and demand again marked a mixed evolution in the main European electricity markets. Declining gas prices and increased wind energy production drove prices down in some markets, while in others, rising demand favored the increase in prices. In the […]

Rising gas prices and wind energy mark a mixed start to the year in European electricity markets

AleaSoft Energy Forecasting, January 7, 2025. In the first week of 2025, TTF gas futures rose, reaching the highest settlement price since October 2023, above €50/MWh. This, coupled with rising CO2 prices and electricity demand, as well as declining photovoltaic energy production, supported higher prices in some of the main European electricity markets. In contrast, […]

Analysis Year 2024

In 2024 European electricity markets reached their lowest prices since 2021 thanks to renewable energy and falling gas prices

AleaSoft Energy Forecasting, January 2, 2025. In 2024, the main European electricity markets reached the lowest yearly prices since 2021, in most cases below €80/MWh. Gas prices were also the lowest since 2021, which contributed to the declines in electricity market prices, along with lower CO2 prices. Solar photovoltaic energy reached historical production records in […]