electricity prices

Europe: Electricity prices rise across most markets in second week of May

In the second week of May, most major European electricity markets saw an increase in average prices. The only exceptions were Spain and France, where prices fell by 20% and 62%, respectively. Portugal and the Nordic countries experienced the highest percentage increases, with prices rising by 106% and 195%. Other markets such as Belgium and […]

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Greece: Electricity prices rise for households despite wholesale market drop

Electricity providers in Greece have announced price hikes of up to 17% for May, even as wholesale electricity prices continue to decline. The average wholesale price fell by around 16% last month, dropping to €89 per megawatt-hour, yet retail rates—particularly on green tariffs—have risen significantly. Green tariffs, which are used by approximately 72.4% of households

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Slovenia: Households paid below-average electricity prices in 2024, businesses faced higher costs

Slovenian households benefited from significantly lower electricity prices last year compared to the EU average, thanks largely to government intervention, according to an analysis by ELES, the national transmission system operator. In contrast, other consumer groups—particularly businesses—faced some of the highest electricity prices in the EU, despite having some of the lowest network fees. ELES

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Region: Electricity prices plunge across SEE and Central Europe in Week 18 of 2025

In Week 18 of 2025 (April 28–May 4), electricity prices across South East Europe (SEE) and Central Europe declined significantly, influenced by lower gas prices, reduced demand, and a surge in renewable power generation. Prices in all SEE countries fell below €80/MWh, with Türkiye recording the lowest average at €44.63/MWh, followed by Greece at €54.42/MWh.

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Hungary: Electricity prices drop in April 2025 amid lower demand and market volatility

The average electricity price on Hungary’s day-ahead market (DAM), operated by the Hungarian Power Exchange (HUPX), fell significantly in April 2025. The average baseload price dropped to €85.46/MWh—22% lower than in March, when it stood at €108.90/MWh. The average peak price saw an even sharper decline, falling to €62.46/MWh, marking a 38% decrease compared to

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Europe: Electricity prices drop in early May amid increased wind and solar production

During the first week of May 2025, average electricity prices across major European markets dropped compared to the previous week. The Nord Pool market in the Nordic countries and the MIBEL market in Spain saw the largest percentage decreases, with prices falling by 59% in both cases. The UK’s N2EX market and Italy’s IPEX market

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Region: Southeast European electricity market sees price drop amid gas retreat and renewable surge

In Week 17 of 2025, wholesale electricity prices declined across most Southeast European (SEE) countries, mainly due to a drop in natural gas prices and an increase in renewable energy generation. Spot prices across continental Europe have more than halved since early 2025, driven by a significant fall in regional gas costs, which are down

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Region: Significant drop in electricity prices across SEE markets in Week 16 of 2025 amid lower demand and increased solar production

During Week 16 of 2025, electricity prices in the Southeast European (SEE) countries dropped across the board, influenced by a decline in electricity demand. Solar energy production also increased in most of the analysed markets. The week started with prices above €100/MWh but followed a downward trend throughout, ultimately dropping below €90/MWh by Sunday, April

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Europe: Electricity prices drop significantly in April, Iberian market hits record low

During the third week of April, electricity prices in most major European markets dropped compared to the previous week. The largest declines were seen in the MIBEL market, which includes Portugal and Spain. Prices in Portugal fell by 59%, reaching €12.90/MWh, while in Spain, prices dropped by 56%, reaching €13.59/MWh. These prices were lower than

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