Europe: Electricity prices fall in late January, set to rise in early February

In the final week of January, average prices across the major European electricity markets experienced a decline. The IPEX market in Italy saw the smallest decrease, dropping 7.8%, while the MIBEL market of Spain and Portugal witnessed the largest fall, with a 38% drop. Other markets observed price reductions ranging from 13% in the German […]

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Electricity prices rise across SEE markets in Week 04 of 2025 amid increased demand and reduced wind energy

In Week 04 of 2025, electricity prices in Southeast Europe (SEE) saw an upward trend due to higher demand and a decline in wind energy production. All SEE markets experienced price increases, with Hungary and Croatia registering the largest hikes at 10.30% and 7.74%, respectively. Other markets, including Bulgaria and Romania, also saw significant increases

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European electricity prices see mixed trends in January, with wind and solar energy driving future declines

In the fourth week of January, most major European electricity markets saw a decline in average prices. However, there were notable exceptions, with increases in the IPEX market of Italy (up 4.4%), the N2EX market of the United Kingdom (up 26%), and the Nord Pool market of the Nordic countries (up 164%). The MIBEL market,

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Europe: Electricity prices surge in January, driven by gas prices and demand

In the third week of January 2025, average electricity prices increased across most major European markets. The exceptions were the N2EX market of the United Kingdom and the Nord Pool market of the Nordic countries, where prices decreased by 13% and 58%, respectively. In contrast, the EPEX SPOT market in Germany saw the largest percentage

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Region: SEE electricity market prices drop amid lower demand and gas prices

In Week 02 of 2025, electricity prices in Southeast Europe (SEE) dropped due to lower electricity demand and reduced gas prices. All SEE markets saw a decrease in electricity prices, except for Türkiye. Serbia and Italy recorded the largest percentage drops in electricity prices, with decreases of -10.10% and -6.61%, respectively. Greece and Bulgaria also

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Energy market trends in early January 2025: Brent oil rises, TTF gas declines and CO2 allowances fluctuate

In the second week of January, Brent oil futures for the Front Month in the ICE market experienced price increases in most sessions, reaching a weekly maximum settlement price of $79.76 per barrel on Friday, January 10. This represented a 4.2% increase from the previous Friday and the highest price since October 8, 2024. Despite

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European electricity prices: Mixed trends in early January 2025 with rising demand and lower wind production

In the second week of January, the average prices of electricity in major European markets showed varied trends. On one hand, prices decreased in the EPEX SPOT market of France, the MIBEL market of Spain and Portugal, and the IPEX market of Italy, with price declines ranging from 0.5% in France to 25% in the

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Brent oil, TTF gas and CO2 emissions futures experience fluctuations in early January 2025

In the first week of January 2025, Brent oil futures saw a positive price trend on the ICE market. The week started with the lowest settlement price on December 30, at $74.39 per barrel. However, prices steadily increased, reaching a weekly high of $76.51 per barrel on Friday, January 3, a 3.2% rise from the

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