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Electricity demand drops across most major European markets in late July Read More »

Electricity demand drops across most major European markets in late July

During the week of July 28, electricity demand declined in the majority of key European power markets compared to the previous week. Italy experienced the largest decrease, with demand falling by 12%, while Spain recorded the smallest drop, just 0.8%. Germany, France, and the United Kingdom also saw decreases of 2.3%, 2.7%, and 2.8%, respectively. […]

European renewable energy update: Solar power breaks records, wind production set to decline Read More »

European renewable energy update: Solar power breaks records, wind production set to decline

During the week of July 28, solar photovoltaic (PV) energy production increased across most major European electricity markets, marking a reversal from the declining trend observed the previous week. France led the surge with an 8.6% rise in solar output, followed by Germany with a 2.9% increase. Spain saw a modest 1.3% boost, while Italy

Europe: EU boosts fossil fuel power as wind and hydropower decline in early 2025 Read More »

Europe: EU boosts fossil fuel power as wind and hydropower decline in early 2025

A sharp decline in electricity output from wind and hydropower plants prompted the European Union to increase its reliance on gas and coal generation in the first half of 2025. This shift led to the largest annual rise in fossil-fuel electricity production since 2017 and caused a 9 percent increase in carbon dioxide emissions compared

Europe: Fossil fuel and carbon markets show mixed signals amid supply shifts and economic uncertainty Read More »

Europe: Fossil fuel and carbon markets show mixed signals amid supply shifts and economic uncertainty

Brent oil futures for the Front Month on the ICE market declined in most sessions during the fourth week of July, marking the second consecutive week of losses. The only exception was Thursday, July 24, when the settlement price rose by 1.0% compared to the previous day. The weekly high was recorded on Monday, July

Europe: Electricity prices drop across most European markets in late July amid lower demand and rising wind output Read More »

Europe: Electricity prices drop across most European markets in late July amid lower demand and rising wind output

In the fourth week of July, average electricity prices declined in most major European markets compared to the previous week. Exceptions included the EPEX SPOT markets of the Netherlands and Germany, as well as the Nord Pool market covering the Nordic countries, which experienced price increases of 0.9%, 1.2%, and 20%, respectively. The MIBEL markets

Europe: Electricity demand declines amid cooler weather during third week of July Read More »

Europe: Electricity demand declines amid cooler weather during third week of July

During the week of July 21, electricity demand decreased in most major European electricity markets compared to the previous week. The most significant declines were observed in the Spanish and Belgian markets, with drops of 7.3% and 6.7%, respectively. The smallest reductions were recorded in Portugal and Italy, where demand fell by 1.6% and 1.7%.

European renewable energy trends: Solar declines, wind gains in late July Read More »

European renewable energy trends: Solar declines, wind gains in late July

During the week of July 21, solar photovoltaic energy production declined across the main European electricity markets compared to the previous week. The largest drop was observed in the German market, where production fell by 21%. Portugal registered the smallest decrease, with a reduction of 2.0%. Other markets also experienced declines: Italy by 8.1%, Spain

Europe: Natural gas prices dip amid supply recovery and new EU sanctions on Russia Read More »

Europe: Natural gas prices dip amid supply recovery and new EU sanctions on Russia

In Week 29 of 2025, European natural gas prices dipped slightly, with the benchmark Dutch TTF contract averaging €34.542/MWh. Prices briefly rose above €35 earlier in the week, driven by unplanned outages at Norway’s Nyhamna and Kollsnes processing plants and increased competition for LNG cargoes from Asia. However, as supply from Norway recovered, prices eased

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