electricity

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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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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European electricity demand and price trends: Weekly overview and forecasts

During the first week of December 2024, electricity demand saw an uptick across most major European markets compared to the previous week. The French market recorded the largest increase at 5.5%, while the British market had the smallest growth at 0.4%. Other markets, including the Netherlands, Germany, Belgium, Portugal, and Italy, saw demand rise between

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Region: Weekly update on SEE electricity market prices and trends

In Week 39 of 2024, electricity prices across the Southeast European (SEE) market continued their downward trend compared to Week 38. Contributing factors to this decline included reduced average prices for gas and CO2 emission allowances, alongside a decrease in demand. Most countries in the SEE region saw electricity prices drop, with the exception of

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Greece: Renewable energy production exceeded 8 TWh in the first four months

In the first four months of 2024, renewable energy sources surpassed fossil fuels in Greece’s electricity mix for the first time, reducing the sector’s emissions to a new low. Renewable energy sources plus large hydro accounted for 8.09 TWh of total production from January through April, while natural gas, lignite and oil contributed 498 GWh

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Europe: Confirmation of the go-live date for Intraday Auctions on June 13

Following extensive testing and go-live preparation for the upcoming Intraday Auctions (IDAs), Nominated Electricity Market Operators (NEMOs) and Transmission System Operators (TSOs) confirmed the IDA go-live date of June 13, 2024, for delivery on June 14, 2024. The first SIDC auction will take place on 13 June 2024 at 3 PM CET. Pricing the intraday

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Romania: Hidroelectrica’s shares 2.6% down after company revises 2024 profit forecast

The revised financial projection for 2024, including a 14.2% downward revision of the net profit notified by the management of Hidroelectrica to shareholders, sent the company’s shares down by 2.55%.  The revision was prompted by a change in the electricity price outlook, only partly compensated by the higher production forecast.  Total operating revenues are rectified

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