europe

European electricity demand trends: August growth in most markets, UK declines Read More »

European electricity demand trends: August growth in most markets, UK declines

During the last week of August, electricity demand rose in most major European markets compared to the previous week. Italy saw the largest increase at 6.3%, followed by France at 3.2% and Germany at 2.1%. Spain recorded the smallest growth at 0.7%, while Portugal and Belgium experienced increases of 0.9% and 1.5%, respectively. Italy marked […]

European solar and wind energy trends: August declines in solar, mixed wind performance Read More »

European solar and wind energy trends: August declines in solar, mixed wind performance

During the week of August 25, solar photovoltaic (PV) energy production declined across major European electricity markets compared to the previous week. The French and German markets saw the largest decreases, dropping 16% and 10% respectively, marking their second consecutive week of declining solar output. In contrast, the Italian and Spanish markets experienced smaller reductions

Europe: Gas prices hit 2025 low amid high storage levels and strong LNG supply Read More »

Europe: Gas prices hit 2025 low amid high storage levels and strong LNG supply

Following the August 15 meeting between Donald Trump and Vladimir Putin, and Trump’s subsequent conversation with Ukrainian President Volodymyr Zelenskyy, European gas prices fell to a new low for 2025 as markets anticipated a possible easing of geopolitical tensions. On Monday, August 18, the one-month contract on the Dutch TTF gas exchange traded near €30/MWh,

Europe faces winter energy challenges amid reduced Russian gas supplies and rising security risks Read More »

Europe faces winter energy challenges amid reduced Russian gas supplies and rising security risks

Europe is preparing for the upcoming winter season amid reduced Russian pipeline supplies following the halt of transit through Ukraine. Currently, the only active route for Russian gas into the EU is via TurkStream, passing through Bulgaria. Gas traders closely followed meetings between US President Donald Trump, Russian President Vladimir Putin, and later Ukrainian President

Europe: Brent oil, TTF gas and CO2 futures rise amid Ukraine tensions and supply concerns Read More »

Europe: Brent oil, TTF gas and CO2 futures rise amid Ukraine tensions and supply concerns

During the third week of August, Brent oil futures for the Front Month on the ICE market reached their weekly low of $65.79/bbl on Tuesday, August 19, before climbing to a weekly high of $67.73/bbl on Friday, August 22, marking a 2.9% increase from the previous Friday. Early-week optimism over potential peace talks in Ukraine

Europe: Electricity prices fall in most markets during third week of August Read More »

Europe: Electricity prices fall in most markets during third week of August

During the third week of August, average electricity prices fell in most major European markets compared to the previous week. The exception was the Nord Pool market in the Nordic countries, which saw a 60% increase. The MIBEL market, covering Spain and Portugal, recorded the largest percentage decline at 18%. Other markets analyzed by AleaSoft

Europe: Electricity demand declines in most markets during week of August 18, forecast mixed for late August Read More »

Europe: Electricity demand declines in most markets during week of August 18, forecast mixed for late August

During the week of August 18, electricity demand declined in most major European markets compared to the previous week. Portugal experienced the largest drop at 6.9%, continuing a downward trend for the third consecutive week. Spain saw the second-largest decrease at 5.7%, following two weeks of rising demand. In contrast, the UK recorded the smallest

Europe energy update: Mixed solar and wind trends across major markets in August 2025 Read More »

Europe energy update: Mixed solar and wind trends across major markets in August 2025

During the week of August 18, solar photovoltaic (PV) energy production in the Portuguese market rose by 1.2% compared to the previous week. In contrast, the Spanish, Italian, German, and French markets experienced declines. The French market recorded the largest drop at 23%, followed by a 12% decrease in Germany. Both markets reversed a three-week

Europe: Gas prices hit 2025 lows on hopes of Ukraine ceasefire and softer supply conditions Read More »

Europe: Gas prices hit 2025 lows on hopes of Ukraine ceasefire and softer supply conditions

European natural gas prices fell to their lowest point of 2025 on Monday, as intensified diplomatic efforts toward a potential Ukraine ceasefire raised expectations of looser supply conditions. At the TTF hub in Amsterdam, front-month futures dropped by more than 1.9 percent in early trading to 30.43 euros per megawatt-hour. Prices had already weakened late

Europe: EU plans to end Russian LNG imports by 2028 as reliance persists in several states Read More »

Europe: EU plans to end Russian LNG imports by 2028 as reliance persists in several states

The European Union imported around 4.48 billion euros worth of liquefied natural gas (LNG) from Russia in the first half of 2025, an increase from 3.47 billion euros in the same period of 2024, according to Eurostat. Total EU LNG imports between January and June 2025 amounted to about 26.9 billion euros, with the United

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