Region: SEE electricity prices surge amid cold weather and lower renewable output

In Week 07 of 2025, electricity prices in Southeast Europe (SEE) saw an uptick due to increased demand and a reduction in wind and solar energy generation. Although gas prices fell in the latter half of the week, the overall weekly average price remained slightly higher compared to the previous week. Electricity prices across the […]

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Europe: Brent oil, TTF gas and CO2 futures see fluctuating prices in February’s second week amid global market concerns

During the second week of February, Brent oil futures for the Front Month in the ICE market reached their highest settlement price of the week on Tuesday, February 11, at $77.00/bbl. This marked the highest price since late January. However, in the following days, prices began to decline. By Friday, February 14, Brent oil futures

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Europe: Electricity prices rise in February’s second week, but forecasts predict decline ahead

In the second week of February, average electricity prices in most major European markets saw an increase compared to the previous week. Prices maintained an upward trend during the early part of the week but dipped over the weekend, which limited the overall rise in weekly averages. The MIBEL market in Portugal and Spain, however,

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Europe sees drop in solar and wind energy production in February 2025

In the week of February 10, solar photovoltaic energy production declined across major European electricity markets compared to the previous week. This downturn followed two consecutive weeks of increases in solar energy generation. The German and Portuguese markets saw the most significant drops, with a 38% decrease in Germany and 17% in Portugal, compared to

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Europe: Natural gas prices surge to 18-month high amid depleting inventories and supply concerns

European natural gas prices have surged to an 18-month high, driven by fast-depleting gas inventories and concerns about future supply. In the first week of February 2025, TTF gas futures for March delivery rose significantly, surpassing €52/MWh. On Tuesday, February 4, TTF gas futures hit a weekly low of €52.048/MWh, which was 3.2% lower than

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SEE electricity market trends: Price surge, rising demand, and shifts in energy generation

In Week 06 of 2025, electricity prices across the South Eastern (SEE) European markets experienced a slight increase, influenced by higher demand, a reduction in wind energy generation, and a significant rise in TTF gas futures, which reached their highest settlement in two years. All SEE markets saw electricity prices surge, except for Türkiye. Bulgaria

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Europe: Brent oil and gas prices fluctuate in early February amid sanctions and energy demand concerns

Brent oil futures for the front month in the ICE market reached a weekly high of $76.20 per barrel on Tuesday, February 4. Following this, settlement prices remained below $75 per barrel for the rest of the week. On February 6, the futures registered their weekly low, settling at $74.29 per barrel—this marked the lowest

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Europe: Natural gas prices soar amid tight supplies and depleting inventories

In the final days of January 2025, European natural gas prices surged to a 15-month high, driven by dwindling inventories and concerns over future supply disruptions. TTF gas futures for March 2025 delivery, traded on the ICE market, saw a notable increase compared to the previous week, surpassing €47/MWh throughout the week. From January 29

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Region: SEE electricity market prices and renewable energy production trends in week 05 of 2025

In the fifth week of January 2025, electricity market prices in Southeast Europe (SEE) experienced a decline due to stable electricity demand and an increase in wind energy production. All SEE markets saw price reductions, with two-digit decreases, except Italy. Romania and Hungary experienced the highest percentage drops in electricity prices at -23.41% and -23.31%,

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Europe: Brent oil, TTF gas and CO2 emissions prices see fluctuations in late January

In the final week of January, settlement prices for Brent oil futures in the ICE market reached their weekly peak of $77.49 per barrel on Tuesday, January 28. However, subsequent sessions saw prices remain below the $77 mark, with the lowest price recorded on January 29 at $76.58 per barrel. This represented the lowest settlement

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